14 Best Solar Companies in South Russell, OH (Mar 2023 Review)

The Cost and Benefits of Solar in South Russell

While solar panels can save you money on utility bills over time, it's important to consider the startup costs. 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 including:

• Your current power bills: Solar panels can noticeably decrease, or completely eradicate, your utility bills. In South Russell, you can save an average of $91 a month.
• How much electricity your household consumes: Households that consume a lot of energy each month may need more solar panels and, consequently, be more expensive, but will also save more on their energy bills over time.
• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your utility bills, which can generate an average of $13,000 of savings over 20 years.
• Choice of solar panels: The kind of solar panels you want will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.

Because of solar panels decreasing in cost as well as local and federal solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in South Russell

There are several reasons why going solar is a great investment. One of them consists of some government incentives that can save you money. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly pair the ITC with other state and city incentives. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in South Russell

There are a few big reasons why people are considering solar energy: to put more money in their bank account and to help the planet. You may be trying to figure out — how much does making the switch do for the environment anyway? In a city like South Russell where energy use is rather high, going solar is a good plan for households who care about the planet. In South Russell, the average household can reduce their carbon footprint by 80 pounds a year once they go solar. If you want to do what you can for the environment, you'll likely find that there are many benefits of adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is more valuable.