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

The Cost and Benefits of Solar in Waverly

When choosing a solar company, most homeowners or business owners worry about the costs above all. The cost of solar and the savings it generates vary depending on a few important factors such as:

• 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 impacts how much you can save on your energy bills.
• Incentives: Something that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your power bills, which can generate an average of $17,000 of savings over 20 years.
• Your income and budget: This shapes what type of solar panels you can get.
• Energy consumption: Installing a solar system may be an expensive option for homes that don't need a good amount of energy per month.

Due to solar panels decreasing in cost as well as various solar incentives, they are a solid investment for the majority of homeowners.

Solar Incentives in Waverly

Switching to solar power has plenty of wonderful benefits. Not only can it help preserve the environment, but you can also save a decent amount of money on your installation with various government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 26% of your project costs when you file taxes, lowering the amount of taxes you owe that year. Plus, there may be some local incentives you can benefit from too. Check out the table below to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Waverly

A lot of people want to do what they can for the planet, which often is the prime motivation to install solar panels. Something many might be wondering about is how much can they really help preserve the environment by switching to solar power anyway? For homeowners who are concerned about global warming, switching to solar power is an easy decision, especially since Waverly produces a high amount of carbon dioxide emissions from its energy generation. When you go solar, your carbon footprint can be lowered by about 90 pounds every year. If you want to do your part for the environment, you'll likely get that there are many advantages to adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is more valuable.