16 Best Solar Companies in Richmond Heights, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Richmond Heights

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will need to pay to install your system. There are quite a few factors you should take into consideration when determining costs and your potential savings, such as:

• System size and type: Some models are more costly than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• The amount of sunlight your roof gets: Due to Richmond Heights' relatively low amount of average daily sunlight, you might not see as many savings on your electric bills.
• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can use. Additionally, you can save about $13,000 over 20 years on your utility bills, before factoring in incentives.
• Energy consumption: Installing a solar system may be a high-cost option for households that don't use a lot of energy a month.

As a result of solar panels decreasing in cost as well as local and federal solar incentives, they are a sound investment for many homeowners.

Solar Incentives in Richmond Heights

Because solar power is a cleaner source of energy than fossil fuels, there are some government incentives in place to encourage its adoption. These incentives normally include cash rebates, tax benefits and/or performance-based incentives. They can cut the cost of installing solar panels by 30%, upwards of 50% depending on your location. Our article on solar incentives goes over more detailed information on the incentives you can find in Richmond Heights.

Environmental Impact of Switching to Solar in Richmond Heights

One of the best reasons to use solar power is to cut your dependence on traditional energy sources like burning fossil fuels, which are harmful for the environment. Something many people might have in mind is how much can they really help protect the environment by switching to solar power anyway? If your family consumes a lot of energy, you can help the environment even more by switching to solar power. Since solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good swap for traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 80 pounds each year. Since solar energy is plentiful and generates electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help preserve the environment.