11 Best Solar Companies in Campton, IL (Feb 2023 Review)

The Cost and Benefits of Solar in Campton

Solar panels run off a free energy source — the sun — but to take advantage of this you will need to pay to install your panels. The cost and possible savings vary depending on some key factors such as:

• How much sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar system won't be able to generate as much energy, which will give you lower savings on electricity bills than someone with a roof that gets plenty of sunlight.
• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money 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.
• Your home's power bills: Because of fairly high monthly electricity bills in Campton, you could save about $1,000 a year with solar.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of your solar system installation from your federal taxes. In addition, not including incentives, you can save about $14,000 over 20 years on your energy bills.

Thanks to solar panels decreasing in cost as well as local and federal solar incentives, they are a sound investment for many homeowners.

Solar Incentives in Campton

If you're thinking about making the switch to solar energy, a number of government incentives and state programs can immensely lower the installation costs and speed up the return on your investment. When you install solar panels on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Plus, there may often be some state and city incentives that you can take advantage of to further cut back on the cost of solar of solar panels. Our article on solar incentives has more detailed information on the incentives you can take advantage of in Campton.

Environmental Impact of Switching to Solar in Campton

One of the most compelling reasons to use solar power is to cut your dependence on nonrenewable energy sources like burning fossil fuels, which are destructive for the environment. A question many homeowners might be wondering about is how much can they really help save the environment by switching to solar power anyway? Regardless of your location, you can help protect the planet by switching to solar energy, but homes that use a lot of energy will have a greater impact. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 90 pounds each year. If you care about the environment, you'll most likely find that there are many benefits of adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is priceless.