14 Best Solar Companies in University Heights, OH (Sep 2022 Review)

The Cost and Benefits of Solar in University Heights

Solar panels run off a free energy source — the sun — but before you can take advantage of this you must first pay to install your system. There are a few factors you should consider when trying to figure out how much it will cost and how much you can save, including:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $14,000 over the first 20 years with your system, too.
• Electricity consumption: The average home in University Heights uses a decent amount of, and as a result may save on their energy bills.
• The amount of sunlight your home gets: Thanks to University Heights' relatively low amount of average daily sunlight, you might not see as many savings on your electric bills.
• The type of solar panels you have the money for: This depends on your income and budget.

Solar is a fruitful investment for most homeowners. You can produce your own energy instead of paying for it from a utility company and benefit from solar tax credits and rebates, all while helping the environment.

Solar Incentives in University Heights

There are many reasons why adopting solar power is beneficial. One of them involves some government incentives that can save you money. State and city solar incentive programs depend on the location and, sometimes, utility company. Many states offer rebates for solar power systems, in addition to the federal solar tax credit. In the table below, you can see the incentives you qualify for in University Heights.

Environmental Impact of Switching to Solar in University Heights

Lots of people want to do their part to help save the environment, which often is the prime reason they're interested in installing solar panels. You may be curious — how much does going solar help the planet anyway? No matter where you are, you can help protect the environment by switching to solar energy, but homes that use more energy will have an even bigger impact. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good swap for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 80 pounds each year. If you care about the environment, you'll most likely understand that there are many good things about adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is invaluable.