18 Best Solar Companies in Willoughby Hills, OH (Oct 2022 Review)

The Cost and Benefits of Solar in Willoughby Hills

The cost of putting up solar panels has decreased immensely in the past few years, but it's still a substantial investment for most homeowners. The installation cost is just one important factor you should consider when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• The kind of solar panels you're thinking of getting: More efficient panels are more highly priced, so that will affect your budget for your solar project.
• Energy consumption: Installing a solar system may be a high-cost investment for households that don't consume a good amount of energy a month.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of installing your solar panel system from your federal taxes. Plus, not including incentives, you can save about $13,000 over 20 years on your energy bills.
• Average daily sunlight: Since Willoughby Hills doesn't get a lot of average daily sunlight, your solar system may not be able to generate enough energy to power your whole home, which influences how much your electricity bills will be.

So are solar panels worth it? Whether you want to reduce your electricity costs, greenhouse gas emissions or both, solar panels are a great investment for many Willoughby Hills homeowners.

Solar Incentives in Willoughby Hills

If you're thinking about making the switch to solar power, a variety of government incentives and state programs can dramatically reduce the installation costs and speed up the return on your investment. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also possibly stack the ITC with other state and city rebates and benefits. In the table below, you can read about the incentives you qualify for in Willoughby Hills.

Environmental Impact of Switching to Solar in Willoughby Hills

Many want to do what they can to help protect the planet, which in many cases is the primary motivation to install solar panels. A question many people might be thinking about is how much can they really help the environment by switching to solar power anyway? One thing that can drastically influence your carbon footprint is your commute time and how much you drive altogether. If you go solar and drive an electric car, you can greatly reduce your carbon dioxide emissions by charging your car at home. In Willoughby Hills, the average person can lower their carbon footprint by 80 pounds a year after going solar. If you want to do what you can for the environment, you'll no doubt get that there are many good things about adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is worth more.