15 Best Solar Companies in Braidwood, IL (Sep 2022 Review)

The Cost and Benefits of Solar in Braidwood

We get that for many homeowners, the decision to invest in solar depends on installation costs. A few main factors that influence the cost of installing solar panels on your home and how much it could save you over time include:

• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $13,000 over 20 years on your energy bills.
• How much energy costs for you: The average family in Braidwood spends around $900 a year on electricity alone, so you could be looking at that much in savings.
• Your city: This affects how much sunlight your roof receives, which helps determine how many panels you need.
• The kind of solar panels you can buy: This depends on what your budget is.

Thanks to the cost of solar panels being lower than before as well as local and federal solar incentives, they are a cost-effective investment for the majority of homeowners.

Solar Incentives in Braidwood

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a considerable amount of money in the long term due to smaller power bills and government incentives. On top of the federal solar investment tax credit, there are also some local programs, which in most cases, stack with the federal incentive, so you can save even more. The table below lets you know about the incentives you can find in Braidwood.

Environmental Impact of Switching to Solar in Braidwood

Lots of people want to do their part for the environment, which often is the chief motivation to install a solar system. But — how much exactly can you help by using solar power? If your family consumes a lot of energy, you can impact the environment even more by switching to solar power. Because solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good substitute for traditional energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. The benefits of solar power are infinite — just like solar power is! That's why so many homeowners have been happy with making the switch to solar.