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

The Cost and Benefits of Solar in Twin

Solar panels run off a free energy source — the sun — but to take advantage of this you will need to pay to install your panels. There are quite a few factors you should consider when determining how much it will cost and how much you can save, such as:

• The amount of sunlight your rooftop gets: Thanks to Twin's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.
• The model of solar panels you want: Some are more costly, so that will influence your budget for your solar project.
• 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. In addition, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• Your energy bills: This will influence how much money you might save. In Twin, the average homeowner can save about $1,100 a year on their electricity bills.

There are several wonderful benefits of solar in spite of the initial cost of installation. It can help the environment and your finances. In addition, it can boost the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in Twin

In an effort to increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make going solar more financially viable and accessible. There are several federal, state and local rebates and tax credits that earn a decent amount of money in return 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 Twin.

Environmental Impact of Switching to Solar in Twin

There are a few main reasons why people are interested in solar energy: for the financial and environmental benefits. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Twin, though. If your household consumes lots of energy, you can impact the environment even more by switching to solar energy. Since solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good trade for traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 90 pounds each year. As you can see, using solar power has so many other rewards outside of saving money. One of the main ones is that you can help save the environment too.