The average family spends over $100 on their energy bill per month. That number can fluctuate based on family size, needs, and location.
When you think about saving money one of the areas to consider is your energy bill. What could you do with an extra $100 or less per month?
Solar panels provide a great way for you to reduce your energy costs and help the environment. But what is it about solar panels that are so hot right now?
In this article, you’ll learn more about the cost of solar panels in Ohio, and why they’re a good investment for your home.
1. Save Money
One of the biggest reasons to get solar panels is to save money. The average family may save $100 or more per year. Because you’re getting your energy from the sun, you can avoid a hefty electric bill every month.
While you’ll still receive a utility bill each month, it will be significantly reduced and may even result in fees only.
Another reason to invest in solar panels is that they pay you back through Ohio solar incentives.
The government offers a tax credit for those who install solar panels between 2021 and 2024. You will need to have the solar panels installed and working before you apply and qualify for the tax credit.
Also, for the state of Ohio, you can submit Solar Renewable Energy Certificates and exchange them for cash. Check out Ohio solar installers Blue Raven Solar for more information on how you can benefit from these incentives.
3. Benefits The Environment
Solar panels produce clean energy and harness the power of the sun to work. The majority of energy consumption comes from fossil fuels. When fossil fuels are burned they introduce pollution into the air like CO2 and solar saves water consumption.
Solar power is renewable energy meaning that it can be used over and over and unlike fossil fuels.
4. Increase Your Home Value
Investing in solar panels may increase your home’s value as well. Because homebuyers don’t have to install the system themselves and feel the burden of the financial cost, your home could increase several thousands of dollars.
The cost of a new roof can also be a large expense, but solar panels actually protect your roof as well. If you live in an area that experiences extreme colds like snow or rain, these can do damage to your roof, resulting in costly repairs.
5. Work Even During Extreme Weather
Even on a cloudy day, solar panels are hard at work. While they need full sun to maximize their productivity, they will still work even when they have 10-20% of sunlight.
Additionally, they will shield the roof allowing extreme temperatures not to enter through the roof like hot or cold. This cuts down on your energy consumption as well.
Cost of Solar Panels in Ohio
Hopefully, this has shed some light on the cost of solar panels in Ohio and why they’re a worthy investment. With extreme temperatures, your home will may be a perfect candidate for solar panels.