18 Best Solar Companies in Camargo, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Camargo

The cost of putting up a solar panel system has decreased significantly over the past several years, but it's still a substantial investment for most homeowners. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Where your home is: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• Choice of solar panels: The type of solar panels you need 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 space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and city may also have various incentives that you can take advantage of. In addition, you can save about $16,000 over 20 years on your utility bills, before factoring in incentives.
• How much you spend on energy: If your local utility rates are quite high, there's a good chance you'll have a higher return on your investment in a solar panel system. In Camargo, you can save an average of $87 a month on your electricity bills.

So are solar panels worth it? Whether you want to reduce your electric bills, carbon dioxide emissions or both, solar panels are a worthwhile investment for many Camargo homeowners.

Solar Incentives in Camargo

Although a solar power system is typically a large investment, it can save you a lot of money over time because of lower power bills and government incentives. State and city solar incentive programs vary by location and, sometimes, utility company. Many states offer rebates for solar power systems, in addition to the federal solar tax credit. 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 Camargo

If you're thinking of adding solar panels to your home, one of the primary reasons why may be to reduce your carbon footprint. You may be curious — how much does going solar do for the environment anyway? Everyone can help the planet by switching to solar energy, but homes that consume a lot of energy will have a greater impact. Because solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good trade for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 100 pounds each year. Since solar energy is abundant and generates electricity without releasing carbon emissions, adding solar panels to your home is one easy step you can take to help the environment.