14 Best Solar Companies in Wickliffe, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Wickliffe

For many people considering switching to solar, the decision of which solar installer to choose comes down to total costs. The cost and possible savings vary depending on a few important factors such as:

• System size and type: Some models are more expensive than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Electricity consumption: The average home in Wickliffe uses a decent amount of, and consequently may save on their energy bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $13,000 over the first 20 years with your solar panels, too.
• How much you spend on energy: The typical family in Wickliffe pays around $1,100 a year on power alone, so you could gain that much in savings.

Thanks to the cost of solar panels being lower than before as well as local and federal solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Wickliffe

If you're considering switching to solar power, various government incentives and state programs can greatly reduce the cost of the project and expedite the return on your investment. State and city solar incentive programs vary by location and, sometimes, utility company. Many states offer rebates for solar panels, in addition to the federal solar tax credit. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Wickliffe

One of the best reasons to adopt solar power is to cut your reliance on traditional energy sources like burning fossil fuels, which are destructive for the environment. But — how much exactly can you help by using solar power? No matter where you are, you can help the planet by switching to solar energy, but homes that consume lots of energy will have a bigger impact. Even though solar panel production emits carbon dioxide, the panels make up for it by greatly decreasing the amount of CO2 you would have released if you still used nonrenewable energy. In Wickliffe, you can reduce your carbon footprint by 80 pounds a year with solar panels. For people who are concerned about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.