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

The Cost and Benefits of Solar in Carol Stream

When deciding on a solar company, most homeowners or business owners wonder about the costs above all. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Your city: This influences how much sunlight your roof gets, which helps determine how many panels you need.
• Your income and budget: This shapes what model of solar panels you can buy.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or 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 $15,000 over the first 20 years with your system, too.
• How much energy your household consumes: Households that need lots of electricity each month may need more solar panels and, consequently, be more expensive, but will also save more on their energy bills over time.

So is a solar panel system worth it? Whether you hope to decrease your energy bills, carbon emissions or both, solar panels are a great investment for many Carol Stream homeowners.

Solar Incentives in Carol Stream

There are several reasons why you should switch to solar. One of them involves some government incentives that can help save you some money. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much your solar project cost on your tax return, lowering the amount of taxes you owe that year. In addition, there may be some local incentives that can save you some extra money too. In our article on solar incentives, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Carol Stream

There are a few key reasons why many people are considering solar energy: for the good of their bank accounts and the planet. But you may be curious — how much exactly can you help the planet by using solar power? No matter where you are, you can help save the planet by switching to solar energy, but homes that consume lots of energy will have a bigger impact. Even though solar panel manufacturing emits carbon dioxide, the panels make up for it by greatly decreasing the amount of CO2 you would have produced if you still used nonrenewable energy. In Carol Stream, you can reduce your carbon footprint by 90 pounds a year with solar panels. For people who care about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.