11 Best Solar Companies in Canteen, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Canteen

Even though solar panels can help save you money on energy over time, it's important to consider the upfront costs. The installation cost is just one important factor you should consider when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• System size and type: Some models are more pricy than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: Tax-paying citizens who install a solar system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $13,000 on your utility bills over 20 years not including incentives.
• Average daily sunlight: Since Canteen 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 solar panels can save you on your electricity bills.
• How much energy costs for you: If your local power rates are high, there's a better chance you'll get a higher return on your investment in a solar panel system. In Canteen, you can save an average of $69 a month on your electricity bills.

Solar is a profitable investment for most homeowners. You can generate your own electricity instead of paying for it from a utility company and benefit from solar incentives, all while helping the planet.

Solar Incentives in Canteen

Although a solar power system is typically a large investment, it can save you a substantial amount of money over the lifespan of your solar panels because of smaller power bills and government incentives. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much you paid for your solar installation when you file taxes, reducing the amount of taxes you owe that year. Additionally, there may be some state and city incentives that can save you some extra money too. In our article on solar incentives, you can see the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Canteen

There are lots of reasons to switch to solar energy, like saving some money on electricity bills and helping to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Canteen, though. In Canteen, where the energy generation produces a lot of greenhouse gasses, going solar can have a big impact on the environment since solar power has a lower carbon footprint. Since solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 100 pounds each year. As you can see, using solar power has so many other perks outside of saving money. One of the primary ones is that you can help save the planet too.