16 Best Solar Companies in Burnham, IL (2023 Reviews)

The Cost and Benefits of Solar in Burnham

The cost of installing a solar panel system has decreased significantly over the past few years, but it's still a substantial investment for most homeowners. 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 including:

• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of your solar system installation from your federal taxes. Plus, not including incentives, you can save about $13,000 over 20 years on your energy bills.
• How much you spend on energy: The average family in Burnham shells out around $900 a year on energy use alone, so you could end up with that much in savings.
• Average daily sunlight: Since Burnham gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which impacts how much your electricity bills will be.
• Choice of solar panels: The type of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.

So is a solar system worth it? Whether you're trying to lower your electricity costs, greenhouse gas emissions or both, solar panels are a good investment for many Burnham homeowners.

Solar Incentives in Burnham

Switching to solar power has many considerable benefits. Not only can it help protect the planet, but you can also save some money on your installation with various government incentives. When you install solar panels, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. In addition, there are often some local incentives that you can take advantage of to further cut back on the cost of solar of solar panels. Take a look at our article on solar incentives to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Burnham

There are a few important reasons why many people are considering solar energy: for the good of their bank accounts and the planet. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Burnham, though. Something that can dramatically influence your carbon footprint is your commute time and how much you drive in general. If you switch to solar power and have an electric car, you can significantly reduce your carbon dioxide emissions by charging your car at home. Although making solar panels emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have produced if you still used nonrenewable energy. In Burnham, you can reduce your carbon footprint by 90 pounds a year with solar panels. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.