12 Best Solar Companies in Shelby, OH (Jan 2023 Review)

The Cost and Benefits of Solar in Shelby

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

• Energy consumption: Installing a solar system may be too steep of an investment for households that don't need a lot of energy per month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $15,000 over the first 20 years with your solar system, too.
• The type of solar panels you're planning on getting: More efficient models are more costly, so that will influence your budget for your solar project.
• The amount of sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar panels won't be able to make as much energy, which will leave you with lower savings on electricity bills than a roof that gets plenty of sunlight.

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

Solar Incentives in Shelby

If you're planning on switching to solar energy, various government incentives and state programs can drastically bring down the installation costs and expedite the return on your investment. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much you paid for your solar installation on your tax return, reducing the amount of taxes you owe that year. Additionally, there may be some state and city incentives that stack with the ITC too. Take a look at our article on solar incentives to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Shelby

Replacing nonrenewable energy with solar power is a powerful way to do what you can for a more sustainable future. Something many people might be wondering about is how much can they really help preserve the environment by going solar anyway? The amount of energy you use is a key factor to consider. The more power you use, the greater your impact when you go solar. When you go solar, your carbon dioxide emissions can be lowered by about 80 pounds a year. For those who want to help the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.