14 Best Solar Companies in Walnut Creek, OH (2023 Reviews)

The Cost and Benefits of Solar in Walnut Creek

Solar panels are powered by a free energy source — the sun — but to take advantage of this you will first need to pay to set up your panels. Some significant things that impact how much it will cost and how much you could save include:

• How much you spend on energy: If your local electricity rates are quite high, there's a good chance you'll see a higher return on your investment in a solar panel system. In Walnut Creek, you can save an average of $104 a month on your electricity bills.
• Incentives: Those who install a solar system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $15,000 on your electricity bills over 20 years without incentives.
• System size and type: Some models are more pricy than others, so the one you want can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• Energy consumption: Solar may be too steep of an investment for households that don't need too much energy per month.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, such as the amount of daily direct sunlight available and your energy consumption.

Solar Incentives in Walnut Creek

Because solar power is more sustainable than burning fossil fuels, there are several government incentives in place to encourage people to make the switch. When you install solar panels on your home, you can claim 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 take advantage of to further cut back on the cost of solar of solar panels. In our article on solar incentives, you can find out about the incentives you qualify for in Walnut Creek.

Environmental Impact of Switching to Solar in Walnut Creek

There are a few key reasons why homeowners are considering solar energy: for the financial and environmental benefits. But you may be curious — how much exactly can you help the environment by using solar power? As reported by the EPA, electricity production is the second greatest source of greenhouse gas emissions and about 62% of our electricity is produced by burning fossil fuels. Switching to a clean energy source like solar power can help put a dent in that statistic in a city like Walnut Creek that generates a sizable amount of carbon dioxide emissions each year. Because solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 80 pounds each year. Since energy from the sun is plentiful and makes electricity without free from carbon dioxide emissions, installing solar panels is one easy step you can take to help protect the environment.