17 Best Solar Companies in Bourbon, IL (Jan 2023 Review)

The Cost and Benefits of Solar in Bourbon

For many homeowners, whether or not to invest in a solar energy system comes down to the cost. Some key things that affect the upfront cost and potential savings over time include:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall 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 $16,000 over 20 years with your system, too.
• System size and type: Some models are more expensive than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Your current energy bills: Solar panels can dramatically reduce, or completely eradicate, your utility bills. In Bourbon, you can save an average of $88 a month.
• average energy usage: The more power your household consumes on average and the higher your current power bills are, the more benefits you'll see from going solar.

Solar is a worthwhile investment for most homeowners. You can make your own power instead of paying for it from a utility company and take advantage of solar incentives, all while helping protect the environment.

Solar Incentives in Bourbon

Because solar power is better for the environment than burning fossil fuels, there are some government incentives available to encourage its adoption. State and city solar incentives depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power, in addition to the federal solar tax credit. For more information about incentives for homeowners in Bourbon, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Bourbon

There are many reasons to switch to solar energy, like saving on utility bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Bourbon, though. How much energy you use is a key factor to keep in mind. The more power you use, the greater your impact when you switch to solar energy. Since solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good swap for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 100 pounds each year. As you can see, trading traditional energy for solar has so many other rewards beyond saving money. One of the main ones is that you can help save the Earth too.