15 Best Solar Companies in Broadview, IL (Feb 2023 Review)

The Cost and Benefits of Solar in Broadview

For a lot of homeowners, whether or not you should invest in a solar energy system boils down to the cost. The cost and possible savings vary depending on a few key factors such as:

• Your energy bills: This will determine your savings. In Broadview, the average homeowner can save about $900 a year on their electricity bills.
• The amount of sunlight your city gets: Due to Broadview's high amount of average daily sunlight, you should be able to save a decent amount on your electric bills.
• Incentives: Those who purchase and install a solar energy system this year can save 30% of their solar installation costs by using the federal solar investment tax credit. You can also save about $13,000 on your utility bills over 20 years excluding incentives.
• Energy consumption: Solar may be an expensive option for households that don't use too much energy a month.

Because of solar panels now being cheaper than ever as well as various solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Broadview

Although a solar power system is typically a large investment, it can save you much money over the lifespan of your solar panels due to smaller power bills and government incentives. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much you paid for your solar installation on your tax return, lowering the amount of taxes you owe that year. Plus, there may be some local incentives that stack with the ITC too. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Broadview

A lot of people want to do their part to help protect the planet, which often is the chief motivation to install a solar system. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Broadview, though. In a city like Broadview where energy use is rather high, installing solar panels is a fantastic plan for households who are worried about the state of the planet. In fact, if you install solar panels, you could lower your carbon dioxide emissions by about 90 pounds each year. Since energy from the sun is abundant and makes electricity without releasing carbon emissions, adding solar panels to your home is one easy step you can take to help protect the planet.