16 Best Solar Companies in Calumet Park, IL (Jan 2023 Review)

The Cost and Benefits of Solar in Calumet Park

For many homeowners, whether or not you should invest in a solar energy system comes down to the cost. Some important things that influence the cost and possible savings include:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total 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 $13,000 over 20 years with your solar panels, too.
• The type and model of solar panels you're thinking of getting: More efficient models are more expensive, so that will affect your budget for your solar project.
• Electricity consumption: The average household in Calumet Park uses a decent amount of, and consequently may save on their energy bills.
• Average daily sunlight: Since Calumet Park gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which affects how much your electricity bills will be.

As a result of solar panels now being cheaper than ever as well as several solar incentives, they are a solid investment for the majority of homeowners.

Solar Incentives in Calumet Park

Adopting solar power has a lot of considerable benefits. Not only can it help preserve the Earth, but you can also save some money on your installation with various government incentives. There are several federal, state and local rebates and tax credits that can earn you some money back after buying a solar panel system. For detailed information about local incentives, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Calumet Park

There are tons of reasons to trade traditional energy for solar energy, like saving on electricity bills and helping to lower your carbon footprint. You may be trying to figure out — how much do solar panels do for the environment anyway? One thing that can severely shape your carbon footprint is how long your commute is and how much you drive overall. If you go solar and have an electric car, you can significantly lower your carbon dioxide emissions by charging your car at home. Although solar panel production emits carbon dioxide, the panels make up for it by significantly reducing the amount of CO2 you would have produced if you still used nonrenewable energy. In Calumet Park, you can reduce your carbon footprint by 90 pounds a year with solar panels. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.