12 Best Solar Companies in Tichigan, WI (Jan 2023 Review)

The Cost and Benefits of Solar in Tichigan

While solar panels can help save you money on energy bills over time, it's necessary to take into consideration the upfront costs. A few main factors that dictate the cost of installing a solar panel system on your home and how much it could save you over time are:

• Choice of solar panels: The kind of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Your current power bills: Solar panels can dramatically reduce, or totally eradicate, your utility bills. In Tichigan, you can save an average of $136 a month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $22,000 over 20 years with your solar system, too.
• average energy usage: The more electricity your household uses on average and the higher your current electricity bills are, the more money you could save by switching to solar.

Because of solar panels decreasing in cost as well as several solar incentives, they are a sound investment for many homeowners.

Solar Incentives in Tichigan

One of the great things about installing a solar panel system is receiving federal and potentially state incentives. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much you paid for your solar installation when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some local incentives you can benefit from too. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Tichigan

Going solar can have a beneficial effect on the environment. But you may be curious — how much exactly can you help the environment by going solar? In a city like Tichigan where energy use is rather high, switching to solar energy is a great plan for homeowners who care about the planet. Because solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good trade for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. For people who want to help the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.