16 Best Solar Companies in Auburn, IL (Oct 2022 Review)

The Cost and Benefits of Solar in Auburn

For lots of homeowners, the decision to invest in solar energy boils down to the cost. Some important factors that dictate the cost of installing solar panels on your home and how much it could save you over time include:

• Incentives: Something that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save on your energy bills, which can generate an average of $15,000 of savings over 20 years.
• Average daily sunlight: Since Auburn gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which impacts how much your solar panels can save you on your electricity bills.
• How much you spend on energy: If your local energy rates are quite high, there's a better chance you'll end up with a higher return on your investment in solar panels. In Auburn, you can save an average of $83 a month on your electricity bills.
• The type and model of solar panels you want: Some cost more, so that will shape your budget for your solar project.

So is buying solar panels worth it? Whether you'd like to decrease your electric bills, carbon dioxide emissions or both, solar panels are a worthwhile investment for many Auburn homeowners.

Solar Incentives in Auburn

Although solar power is typically a $15,000 to $25,000 investment, it can save you a significant amount of money over several years due to reduced utility bills and government incentives. State and city solar incentive programs depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power systems, in addition to the federal solar tax credit. In our article on solar incentives, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Auburn

Going solar can have a positive effect on the environment. But how much can installing solar panels actually help the environment? If your home uses a lot of energy, you can help the environment even more by switching to solar energy. In fact, if you install solar panels, you could look forward to lowering your carbon dioxide emissions by about 100 pounds each year. The great things about solar power are infinite — just like solar power is! That's why so many people have been happy with making the switch to solar.