17 Best Solar Companies in Xenia, OH (Aug 2022 Review)

The Cost and Benefits of Solar in Xenia

Although solar panels can help save you money on utility bills over time, it's important to take into consideration the startup costs. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• How much energy you use: If your home needs to use a lot of energy, you'll benefit more from installing solar panels.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 26% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $12,000 over 20 years on your energy bills.
• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• The amount of sunlight your city gets: Because of Xenia's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.

Thanks to the cost of solar panels being lower than before as well as various solar incentives, they are a cost-effective investment for many homeowners.

Solar Incentives in Xenia

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a significant amount of money in the long term because of reduced utility bills and government incentives. In addition to the federal solar investment tax credit, there are also some state- and city-level programs, which in almost all cases, stack with the federal incentive, so you can save even more. For more information about incentives that apply to you, check out the table below.

Environmental Impact of Switching to Solar in Xenia

If you're considering adding solar panels to your home, one of the main reasons why may be to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Xenia, though. In a city like Xenia where energy use is rather high, making the switch to solar power is a great idea for those who are eco-conscious. When you go solar, your carbon emissions can be lowered by about 90 pounds every year. The benefits of solar power are plentiful — just like solar power is! That's why so many homeowners have been happy with making the switch to solar.