16 Best Solar Companies in Waverly, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Waverly

We get that for most homeowners, the decision to invest in solar comes down to installation costs. The cost and possible savings vary depending on a few key factors such as:

• How much power your household needs: If your household uses a lot of energy, you'll reap more rewards from going solar.
• The type and model of solar panels you're thinking of getting: More high-tech panels cost more, so that will influence your budget for your solar project.
• Average daily sunlight: Since Waverly gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much your solar panels can save you on your electricity bills.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can take advantage of. In addition, you can save about $17,000 over 20 years on your utility bills, before factoring in incentives.

Solar is a rewarding investment for most homeowners. You can generate your own power instead of paying for it from a utility company and make use of solar incentives, all while helping the planet.

Solar Incentives in Waverly

Adopting solar power has plenty of considerable benefits. Not only can it help protect the planet, but you can also save a good amount of money on your installation with various government incentives. These incentives mostly consist of cash rebates, tax benefits and/or performance-based incentives. They can lower how much you end up spending on installing solar panels by 30%, upwards of 50% depending on where you live. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Waverly

There are a few main reasons why homeowners are interested in solar energy: for the good of their bank accounts and the planet. Something many people might have in mind is how much can they really help the environment by going solar anyway? The more energy you use, the the more the environment will benefit if you switch to solar since you won't have to use as much nonrenewable energy. In fact, if you install solar panels, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. For homeowners who are concerned about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.