18 Best Solar Companies in Beach Park, IL (Sep 2022 Review)

The Cost and Benefits of Solar in Beach Park

We know that for lots of homeowners, the decision to invest in solar comes down to installation costs. The cost and possible savings vary depending on some important factors such as:

• How much sunlight your roof gets: If your roof gets limited direct sunlight, your solar panel system won't be able to generate as much energy, which will leave you with lower savings on power bills than a house with a roof that gets lots of sunlight.
• System size and type: Some models are more pricy than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save money on your utility bills, which can give you an average of $14,000 of savings over 20 years.
• How much you spend on energy: The average family in Beach Park pays around $900 a year on power alone, so you could be looking at that much in savings.

Although a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on several factors, such as the amount of daily direct sunlight available and your current power bills.

Solar Incentives in Beach Park

If you're planning on making the switch to solar energy, various government incentives and solar rebates can immensely reduce the cost of the project and speed up the return on your investment. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly stack the ITC with other state and city rebates and benefits. You can learn about the incentives you can take advantage of in the table below.

Environmental Impact of Switching to Solar in Beach Park

A lot of people want to do their part to help the environment, which in many cases is the primary reason they're interested in installing a solar system. A question many might have in mind is how much can they really help the environment by switching to solar power anyway? Regardless of your location, you can help protect the planet by switching to solar energy, but homes that use more energy will have a greater impact. In Beach Park, the average person can lower their carbon footprint by 90 pounds a year once they go solar. The benefits of solar power are abundant — just like solar power is! That's why so many people have been happy with making the switch to solar.