15 Best Solar Companies in Wyoming, OH (Oct 2022 Review)

The Cost and Benefits of Solar in Wyoming

When picking a solar company, most homeowners or business owners think about the costs the most. There are a few factors you should consider when trying to determine how much it will cost and how much you can save, including:

• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can take advantage of. Plus, you can save about $12,000 over 20 years on your utility bills, not including incentives.
• How much energy costs for you: If your local energy rates are high, there's a better chance you'll get a higher return on your investment in a solar system. In Wyoming, you can save an average of $81 a month on your electricity bills.
• System size and type: Some models are more pricy than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• The amount of sunlight your home gets: Due to Wyoming's high amount of average daily sunlight, you should be able to save a decent amount on your power bills.

Although a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, such as the size of your solar panel system and your current power bills.

Solar Incentives in Wyoming

In order to increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make solar power more economically viable and accessible. On top of the federal solar investment tax credit, there are also some local benefits, which in almost all cases, can be claimed in addition to the federal incentive, so you get to save even more. You can learn about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Wyoming

There are a few important reasons why many people are considering solar energy: for the financial and environmental benefits. You may be asking yourself — how much does making the switch help the planet anyway? No matter where you are, you can help save the planet by switching to solar energy, but homes that consume more energy will have a bigger impact. In Wyoming, the average person can lower their carbon footprint by 90 pounds a year once they go solar. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.