13 Best Solar Companies in Waynesville, OH (Sep 2022 Review)

The Cost and Benefits of Solar in Waynesville

Even though solar panels can help save you money on power bills over time, it's important to consider the upfront costs. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• How much energy you use: If your family needs to use a lot of energy, you'll benefit more from installing solar panels.
• Your home's orientation toward the sun: This, and how your roof is set up, affects affect how much electricity your solar panels can produce.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $12,000 over 20 years with your solar panels, too.
• The type of solar panels you want to get: More high-tech panels are more expensive, so that will determine your budget for your solar project.

So is a solar panel system worth it? Whether you'd like to reduce your electric bills, carbon emissions or both, solar panels are a good investment for many Waynesville homeowners.

Solar Incentives in Waynesville

One of the benefits of installing a solar panel system is receiving federal and potentially state incentives. In addition to the federal tax credit incentive, there are also some state- and city-level programs, which in most cases, can be claimed in addition to the federal incentive, so you get to save even more. The table below gives you an idea of the incentives you can take advantage of in Waynesville.

Environmental Impact of Switching to Solar in Waynesville

Replacing nonrenewable energy with solar power is a powerful way to do your part for a greener future. Something many homeowners might be asking themselves is how much can they really help preserve the environment by going solar anyway? The more power you use, the the more the environment will benefit from you switching to solar since you won't have to rely on traditional energy sources as much. Since solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good alternative to traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 90 pounds each year. As you can see, using solar power has so many other rewards besides saving money. One of the most important ones is that you can help save the environment too.