10 Best Solar Companies in Russell, OH (Aug 2022 Review)

The Cost and Benefits of Solar in Russell

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will first need to pay to set up your system. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• The model of solar panels you have the money for: This hinges on your income and budget.
• Energy consumption: Installing a solar system may be too pricey an investment for homes that don't use too much energy a month.
• Incentives: Those who install a solar system this year can save 26% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $13,000 on your energy bills over 20 years not including incentives.
• How much energy costs for you: If your local energy rates are quite high, there's a good chance you'll see a higher return on your investment in a solar system. In Russell, you can save an average of $91 a month on your electricity bills.

So is a solar system worth it? Whether you're trying to reduce your electric bills, carbon dioxide emissions or both, solar panels are a worthwhile investment for many Russell homeowners.

Solar Incentives in Russell

In order to increase solar panel installation and usage, federal and local governments — and even some utility companies — offer incentives to help make solar power more affordable and accessible. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 26% of how much you paid for your solar installation when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some local incentives that stack with the ITC too. The table below shows you the incentives you can benefit from in Russell.

Environmental Impact of Switching to Solar in Russell

Lots of people want to do what they can to help protect the planet, which often is the primary reason they're interested in installing solar panels. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Russell, though. According to the EPA, electricity generation is the second largest source of greenhouse gas emissions and about 62% of our electricity comes from burning fossil fuels. Using solar power can help reduce that number in a city like Russell that generates a sizable amount of carbon dioxide emissions each year. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 80 pounds each year. Since solar power is abundant and generates electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help protect the planet.