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

The Cost and Benefits of Solar in Capital

For many readers, the decision of which solar installer to hire depends on pricing. Some significant things that influence the cost and possible savings include:

• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can generate an average of $16,000 of savings over 20 years.
• Choice of solar panels: The type of solar panels you get 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 go with a higher number of more affordable panels.
• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar panel system won't be able to make as much energy, which will give you lower savings on power bills than a roof that gets a lot of sunlight.
• average energy usage: The more power your home consumes on average and the greater your current power bills are, the more money you could save by making the switch to solar.

There are several good benefits of solar in spite of the upfront cost of installation. It can help the planet and your bank account. In addition, it can boost the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in Capital

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a considerable amount of money in the long term because of lower utility bills and government incentives. Local solar incentive programs depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power, in addition to the federal solar tax credit. In the table below, you can read about the incentives you qualify for in Capital.

Environmental Impact of Switching to Solar in Capital

There are tons of reasons to make the switch to solar power, like saving on electricity bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Capital, though. If your household uses a lot of energy, you can have an even greater impact on the planet by switching to solar power. In fact, if you adopt solar power, you could be looking at reducing your carbon dioxide emissions by about 100 pounds each year. As you can see, going solar has so many other benefits outside of saving money. One of the major ones is that you can help save the environment too.