18 Best Solar Companies in Sheffield, OH (Jan 2023 Review)

The Cost and Benefits of Solar in Sheffield

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you first need to pay to set up your panels. Some key factors that dictate how much it will cost to install solar panels on your home and how much it could save you over time include:

• Average daily sunlight: Since Sheffield gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which influences how much you can save on your energy bills.
• Electricity consumption: The average home in Sheffield uses a decent amount of, and so may save on their energy bills.
• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of your solar system installation from your taxes. In addition, not including incentives, you can save about $15,000 over 20 years on your energy bills.

Even though a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on several factors, such as the size of your solar panel system and your energy consumption.

Solar Incentives in Sheffield

In an effort to increase solar panel installation and usage, incentives are offered by the government — and even some utility companies — to help make solar more economically viable and accessible. There are a lot of federal, state and local rebates and tax credits that earn anywhere from 30% to 50% of your money back after buying a solar panel system. Our article on solar incentives goes over more in-depth information on the incentives you can take advantage of in Sheffield.

Environmental Impact of Switching to Solar in Sheffield

There are lots of reasons to trade traditional energy for solar energy, like saving on utility bills and helping to reduce your carbon footprint. Something many people might be asking themselves is how much can they really help the environment by going solar anyway? The more energy your family uses, the the more the environment will benefit from you switching to solar as you won't need to use as much nonrenewable energy. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 90 pounds each year. If you want to do what you can for the environment, you'll no doubt understand that there are many advantages to adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is invaluable.