18 Best Solar Companies in Sharonville, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Sharonville

Although solar panels can help save you a good amount of money on energy bills over time, it's necessary to know the startup costs. The cost and possible savings vary depending on some important factors such as:

• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can use. Additionally, you can save about $12,000 over 20 years on your utility bills, not including incentives.
• Your income and budget: This affects what model of solar panels you can get.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panel system won't be able to produce as much energy, which will leave you with lower savings on power bills than someone with a roof that gets plenty of sunlight.
• How much energy you use: If your household uses a lot of energy, you'll see more savings from installing solar panels.

There are many good benefits of solar even with the initial cost of installation. It can help the Earth and your bank account. Additionally, it can increase the value of your home, leading to even more benefits if you decide to sell your home later.

Solar Incentives in Sharonville

Since solar power is more sustainable than burning fossil fuels, there are a number of government incentives available to encourage its adoption. When you install a solar panel system on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Plus, there are often some local incentives that you can benefit from to further save. Take a look at our article on solar incentives to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Sharonville

Installing solar panels can have a positive effect on the environment. But you may be wondering — how much exactly can you help by making the switch to solar? If your family consumes lots of energy, you can help the environment even more by switching to solar power. After you go solar, your carbon dioxide emissions can be cut by about 90 pounds a year. Since energy from the sun is plentiful and makes electricity without free from carbon dioxide emissions, making the switch to solar power is one easy step you can take to help preserve the planet.