13 Best Solar Companies in Sagamore Hills, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Sagamore Hills

The cost of putting up a solar panel system has decreased significantly over the past few years, but it's still a large investment for most homeowners. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• How much sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar panels won't be able to produce as much energy, which will leave you with lower savings on electric bills than someone with a roof that gets a lot of sunlight.
• Incentives: Tax-paying citizens who install a solar system this year can save 30% of their installation costs by using the federal solar investment tax credit. You can also save about $13,000 on your energy bills over 20 years without incentives.
• Your current power bills: Solar panels can substantially lower, or totally eradicate, your utility bills. In Sagamore Hills, you can save an average of $90 a month.
• System size and type: Some models are more expensive than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on several factors, like the amount of daily direct sunlight available and incentives.

Solar Incentives in Sagamore Hills

One of the good things about installing a solar panel system is earning government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of your project costs when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some state and city incentives that can save you some extra money too. Check out our article on solar incentives to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Sagamore Hills

One of the reasons so many people are thinking of adopting solar energy is to help lower their environmental impact. But you may be curious — how much exactly can you help the planet by using solar power? The more power you use, the better off the planet will be when you switch to solar as you won't have to burn as many fossil fuels. In fact, if you install solar panels, you could lower your carbon dioxide emissions by about 80 pounds each year. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.