16 Best Solar Companies in Waverly, OH (Oct 2022 Review)

The Cost and Benefits of Solar in Waverly

When choosing a solar company, most homeowners or business owners think about the costs above all. A few important factors that dictate how much it will cost to install solar panels on your home and how much money you could save over time are:

• Electricity consumption: The average home in Waverly uses a decent amount of, and so may save on their energy bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $17,000 over 20 years with your solar system, too.
• Where your home is: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• The type of solar panels you can purchase: This hinges on your income and budget.

There are several good benefits of solar despite the upfront cost of installation. It can help the environment and your finances. Plus, it can boost the value of your home, giving you even more benefits if you choose to sell your home later.

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 26 to 50% in some cases. You can find out about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Waverly

One of the most compelling reasons to adopt solar power is to reduce your reliance on traditional energy sources like burning fossil fuels, which are damaging for the environment. Something many people might be thinking about 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 when you switch to solar since you won't have to use as much nonrenewable energy. Because 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 expect to reduce your carbon dioxide emissions by about 90 pounds each year. As you can see, trading traditional energy for solar has so many other rewards outside of saving money. One of the main ones is that you can help save the Earth too.