15 Best Solar Companies in Wellsville, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Wellsville

The cost of installing solar panels has dropped immensely over the past several years, but it's still a substantial investment for most homeowners. There are several factors you should take into consideration when trying to determine costs and your potential savings, including:

• Your current power bills: Solar panels can dramatically decrease, or entirely get rid of, your utility bills. In Wellsville, you can save an average of $107 a month.
• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Incentives: Those who purchase and install a solar system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $16,000 on your energy bills over 20 years not including incentives.
• Electricity consumption: The average home in Wellsville uses a decent amount of, and as a result may save on their energy bills.

So is installing solar panels worth it? Whether you want to reduce your electric bills, greenhouse gas emissions or both, solar panels are a good investment for many Wellsville homeowners.

Solar Incentives in Wellsville

Adopting solar power has plenty of great benefits. Not only can it help protect the Earth, but you can also save a good amount of money on your installation with various government incentives. These incentives usually consist of cash rebates, tax credits and/or performance-based incentives. They can cut the cost you pay for installing solar panels by 30%, upwards of 50% depending on your location. For detailed information about incentives that apply to you, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Wellsville

There are a few big reasons why people are considering solar energy: to help their wallet and the environment. A question many might have in mind is how much can they really help the environment by going solar anyway? How much energy you use is a key factor to think about. The more energy your household consumes, the larger your impact when you go solar. While solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have been responsible for if you still used traditional energy. In Wellsville, you can reduce your carbon footprint by 80 pounds a year with solar panels. Since energy from the sun is plentiful and generates electricity without releasing carbon emissions, installing solar panels is one easy step you can take to help preserve the environment.