14 Best Solar Companies in South Euclid, OH (Oct 2022 Review)

The Cost and Benefits of Solar in South Euclid

For many people considering switching to solar, the decision of which solar company to go with depends on how much it'll cost. A few important factors that influence the cost of installing solar panels on your home and how much money you could save over time are:

• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar panels won't be able to produce as much energy, which will leave you with lower savings on electricity bills than a house with a roof that gets plenty of sunlight.
• Electricity consumption: The average household in South Euclid uses a decent amount of, and as a result may save on their energy bills.
• The kind of solar panels you want to get: More efficient panels cost more, so that will affect your budget for your solar project.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of your solar system installation from your taxes. Plus, not including incentives, you can save about $14,000 over 20 years on your energy bills.

Though a solar panel system costs a sizable chunk of money upfront, it can save you much more over time. The question of how much, though, depends on several factors, including the angle of your roof and your energy consumption.

Solar Incentives in South Euclid

There are many good reasons why you should switch to solar. One of them includes some government incentives that can save you money. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially use the ITC with other state and city rebates and benefits. For comprehensive information about incentives that apply to you, check out the table below.

Environmental Impact of Switching to Solar in South Euclid

Lots of people want to do what they can for the environment, which in many cases is the chief motivation to install a solar system. But how much can installing solar panels actually help the environment? Regardless of your location, you can help protect the environment by switching to solar energy, but homes that consume more energy will have a bigger impact. In fact, if you install solar panels, you could lower your carbon dioxide emissions by about 80 pounds each year. As you can see, using solar power has so many other rewards beyond saving money. One of the most important ones is that you can help save the planet too.