17 Best Solar Companies in Violet, OH (Oct 2022 Review)

The Cost and Benefits of Solar in Violet

We understand that for most homeowners, the choice to invest in solar comes down to installation costs. Some key factors that determine the cost of installing a solar panel system on your home and how much it could save you over time are:

• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state may also have various incentives that you can use. In addition, you can save about $16,000 over 20 years on your utility bills, not including incentives.
• Average daily sunlight: Since Violet gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which impacts how much your electricity bills will be.
• Your current electric bills: Solar panels can substantially lower, or completely eradicate, your utility bills. In Violet, you can save an average of $106 a month.
• Choice of solar panels: The kind of solar panels you get 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.

Though a solar panel system costs a good chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on a number of factors, such as the size of your solar panel system and your energy consumption.

Solar Incentives in Violet

One of the good things about installing a solar panel system is receiving incentives from the government. When you install solar panels, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some local incentives that you can use to further save. Take a look at the table below to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Violet

One reason so many are considering switching to solar power is to help lower their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Violet, though. In a city like Violet where energy use is rather high, going solar is a fantastic plan for households who want to do their part for the environment. In Violet, the average resident can lower their carbon footprint by 90 pounds a year once they go solar. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.