14 Best Solar Companies in Carpentersville, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Carpentersville

The cost of installing solar panels has gone down greatly in the past few years, but it's still a large investment for most homeowners. The cost of solar and the savings it generates vary depending on a few important factors such as:

• System size and type: Some models are more pricy than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• average energy usage: The more power your home consumes on average and the larger your current power bills are, the more money you could save by going solar.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your 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 $13,000 over the first 20 years with your system, too.
• Average daily sunlight: Since Carpentersville 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.

There are several good benefits of solar even with the initial cost of installation. It can help the planet and your wallet. Additionally, it can raise the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in Carpentersville

Switching to solar power has many wonderful benefits. Not only can it help protect the planet, but you can also save some money on your installation with various government incentives. There are a lot of federal, state and local rebates and tax credits that may earn you anywhere from 30% to 50% of your money back after paying for a solar panel system. In our article on solar incentives, you can see the incentives you qualify for in Carpentersville.

Environmental Impact of Switching to Solar in Carpentersville

There are tons of reasons to trade traditional energy for solar power, like saving some money on electricity bills and helping to lower your carbon footprint. But — how much exactly can you help by making the switch to solar? If your home consumes lots of energy, you can have an even greater impact on the planet by switching to solar power. Since solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good trade for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. If you want to do your part for the environment, you'll most likely recognize that there are many advantages to adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is invaluable.