16 Best Solar Companies in Aurora, IL (Jun 2022 Review)

The Cost and Benefits of Solar in Aurora

We get that for lots of homeowners, the choice to invest in solar hinges on installation costs. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Your energy bills: This will impact how much you can save. In Aurora, the average homeowner can save about $960 a year on their electricity bills.
• Choice of solar panels: The type of solar panels you want will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 26% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $14,000 over 20 years with your solar panels, too.
• Electricity consumption: The average household in Aurora uses a decent amount of, and so may save on their energy bills.

Although a solar panel system costs a good chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on several factors, such as the kind of solar panels you get and your current power bills.

Solar Incentives in Aurora

Although installing solar panels is typically a large investment, it can save you much money over the lifespan of your solar panels because of reduced utility bills and government incentives. Local solar incentives vary by location and, sometimes, utility company. Many states offer rebates for solar panels, in addition to the federal solar tax credit. You can learn about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Aurora

One reason so many people are thinking of switching to solar power is to help lower their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Aurora, though. In a place like Aurora where commute times can be very long, going solar can help offset some of your carbon dioxide emissions from driving. In Aurora, the average person can reduce their carbon footprint by 90 pounds a year once they go solar. The great things about solar power are abundant — just like solar power is! That's why so many people have been happy with making the switch to solar.