13 Best Solar Companies in Wayne, OH (Feb 2023 Review)

The Cost and Benefits of Solar in Wayne

For the majority of homeowners, whether or not to invest in a solar energy system boils down to the cost. The overall price and potential savings vary depending on a few important factors such as:

• Choice of solar panels: The kind of solar panels you want will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• How much energy your home consumes: Households that need lots of power each month may call for more solar panels and, consequently, be more expensive, but will also save more on their energy bills over time.
• The amount of sunlight your roof gets: Because of Wayne's high amount of average daily sunlight, you should be able to save a decent amount on your power bills.
• Incentives: Those who install a solar system this year can save 30% of their solar installation costs by using the federal solar investment tax credit. You can also save about $12,000 on your utility bills over 20 years not including incentives.

So is a solar panel system worth it? Whether you hope to lower your electricity costs, carbon emissions or both, solar panels are a good investment for many Wayne homeowners.

Solar Incentives in Wayne

Because solar power is a cleaner source of energy than burning fossil fuels, there are various government incentives available to encourage its adoption. When you install a solar panel system, you can claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Plus, there may often be some local incentives that you can use to further save. Our article on solar incentives goes over more in-depth information on the incentives you can benefit from in Wayne.

Environmental Impact of Switching to Solar in Wayne

One of the most compelling reasons to adopt solar energy is to reduce your reliance on traditional energy sources like burning fossil fuels, which are hazardous for the environment. But how much can installing solar panels actually affect the environment? In a city like Wayne where energy use is rather high, going solar is a great plan for homeowners who are eco-conscious. Since solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good swap for nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. If you want to do what you can for the environment, you'll no doubt get that there are many advantages to adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is more valuable.