18 Best Solar Companies in Mahoning, PA (Mar 2023 Review)

The Cost and Benefits of Solar in Mahoning

For many homeowners, the decision to invest in solar panels depends the most on the cost. There are a few factors you should consider when trying to determine how much it will cost and how much you can save, such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $14,000 over the first 20 years with your system, too.
• How much power your home consumes: Households that use lots of electricity each month may need more solar panels and, therefore, more upfront cost, but will also benefit more over time.
• Your power bills: This will affect your savings. In Mahoning, the average resident can save about $990 a year on their electricity bills.
• Your income and budget: This determines what model of solar panels you can get.

There are many good benefits of solar in spite of the upfront cost of installation. It can help the planet and your wallet. In addition, it can boost the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in Mahoning

Although solar power is typically a big investment, it can save you a lot of money in the long term because of smaller power bills and government incentives. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much you paid for your solar installation when you file taxes, lowering the amount of taxes you owe that year. Additionally, there may be some state and city incentives that stack with the ITC too. For more information about incentives that apply to you, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Mahoning

One of the most compelling reasons to tap into solar energy is to cut your reliance on traditional energy sources like burning fossil fuels, which are hazardous for the environment. But you may be wondering — how much exactly can you help the environment by going solar? In a city like Mahoning where energy use is rather high, installing solar panels is a good plan for those who care about the planet. Since solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good alternative to traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 50 pounds each year. The benefits of solar power are infinite — just like solar power is! That's why so many homeowners have been happy with committing to solar.