17 Best Solar Companies in Shaker Heights, OH (Oct 2022 Review)

The Cost and Benefits of Solar in Shaker Heights

The cost of putting up solar panels has gone down significantly in the past several years, but it's still a large investment for most homeowners. Some key things that determine the upfront cost and potential savings over time include:

• Incentives: Those who purchase and install a solar energy system this year can save 30% of their total solar spend by using the federal solar investment tax credit. You can also save about $15,000 on your electricity bills over 20 years without incentives.
• System size and type: Some models are more pricy than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• Your power bills: This will determine how much you can save. In Shaker Heights, the average homeowner can save about $1,200 a year on their electricity bills.
• How much sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar system won't be able to make as much energy, which will give you lower savings on power bills than a house with a roof that gets a lot of sunlight.

So is installing solar panels worth it? Whether you're trying to lower your electricity costs, carbon emissions or both, solar panels are a good investment for many Shaker Heights homeowners.

Solar Incentives in Shaker Heights

One of the benefits of installing a solar panel system is earning federal and potentially state incentives. These incentives usually consist of cash rebates, tax benefits and/or solar renewable energy credits. They can reduce the cost you pay for installing solar panels by 26 to 50% in some cases. Take a look at the table below to see what incentives are available to you.

Environmental Impact of Switching to Solar in Shaker Heights

There are lots of reasons to switch to solar power, like saving some money on utility bills and helping to lower your carbon footprint. But how much can installing solar panels actually help the environment? If your household consumes lots of energy, you can help the environment even more by switching to solar energy. Because solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good alternative to traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 80 pounds each year. As you can see, going solar has so many other rewards besides saving money. One of the most important ones is that you can help save the Earth too.