13 Best Solar Companies in Addison, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Addison

For many people considering switching to solar, the decision of which solar installer to hire comes down to pricing. Some main factors that dictate the cost of installing a solar panel system on your home and how much money you could save over time are:

• Typical energy usage: The more energy your household uses on average and the greater your current energy bills are, the more likely you'll benefit from going solar.
• How much you spend on energy: The average household in Addison shells out around $900 a year on home energy use alone, so you could be looking at that much in savings.
• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can benefit from. In addition, you can save about $13,000 over 20 years on your utility bills, without incentives.
• System size and type: Some models are more costly than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.

Even though a solar panel system costs a decent chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on several factors, including the size of your house and your local electricity rates.

Solar Incentives in Addison

In order to increase solar panel installation and usage, incentives are offered by the government — and even some utility companies — to help make switching to solar power more affordable and accessible. Local solar incentives depend on the location and, sometimes, utility company. Many states offer rebates for solar power systems, in addition to the federal solar tax credit. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Addison

One of the most compelling reasons to tap into solar power is to reduce your reliance on traditional energy sources like burning fossil fuels, which are damaging for the environment. But how much can installing solar panels actually help the environment? Your energy usage is a key factor to keep in mind. The more electricity your home uses, the greater your impact when you go solar. In Addison, the average resident can lower their carbon footprint by 90 pounds a year after going solar. Since solar power is renewable and generates electricity without releasing carbon emissions, adding solar panels to your home is one easy step you can take to help preserve the planet.