16 Best Solar Companies in Suffield, OH (Feb 2023 Review)

The Cost and Benefits of Solar in Suffield

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

• Your home's power bills: Due to fairly high monthly electric bills in Suffield, you could save about $1,100 a year with solar.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of your solar system installation from your taxes. Plus, not including incentives, you can save about $13,000 over 20 years on your energy bills.
• The model of solar panels you're thinking of getting: More high-tech panels have higher prices, so that will influence your budget for your solar project.
• average energy usage: The more energy your household consumes on average and the steeper your current energy bills are, the more likely you'll benefit from going solar.

Solar is a fruitful investment for most homeowners. You can generate your own energy instead of paying for it from the grid and take advantage of solar incentives, all while helping the Earth.

Solar Incentives in Suffield

In order to increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make solar more economical and accessible. When you install solar panels, you can take advatage of the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. In addition, there may often be some regional incentives that you can benefit from to further cut back on the cost of solar of solar panels. Check out our article on solar incentives to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Suffield

Going solar can have a meaningful impact on the environment. You may be curious — how much does going solar help the planet anyway? In a city like Suffield where energy use is rather high, switching to solar energy is a fantastic idea for people who want to do their part for the environment. In Suffield, 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 get 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 worth more.