12 Best Solar Companies in Burr Ridge, IL (Oct 2022 Review)

The Cost and Benefits of Solar in Burr Ridge

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will need to pay to set up your system. There are quite a few factors you should consider when trying to figure out how much it will cost and how much you can save, such as:

• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of your solar system installation from your federal taxes. In addition, not including incentives, you can save about $13,000 over 20 years on your energy bills.
• The make and model of solar panels you want: More high-tech panels have higher prices, so that will determine your budget for your solar project.
• Electricity consumption: The average household in Burr Ridge uses a decent amount of, and consequently may save on their energy bills.
• How much energy costs for you: The typical family in Burr Ridge shells out around $900 a year on energy use alone, so you could end up with that much in savings.

Though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on several factors, including the kind of solar panels you get and your local electricity rates.

Solar Incentives in Burr Ridge

Switching to solar power has lots of wonderful benefits. Not only can it help protect the planet, but you can also save a good amount of money on your installation with various government incentives. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of your project costs on your tax return, lowering the amount of taxes you owe that year. In addition, there may be some local incentives that can save you some extra money too. For more information about incentives that apply to you, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Burr Ridge

If you're thinking of adding solar panels to your home, one of the principal reasons why may be to lower your greenhouse gas emissions. Something many people might be wondering about is how much can they really help save the environment by switching to solar power anyway? Something that can severely influence your carbon footprint is how long your commute is and how much you drive altogether. If you go solar and drive an electric car, you can vastly decrease your carbon dioxide emissions by charging your car at home. Because solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good swap for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 90 pounds each year. If you want to do your part for the environment, you'll no doubt recognize that there are many good things about adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is priceless.