16 Best Solar Companies in Cary, IL (Jan 2023 Review)

The Cost and Benefits of Solar in Cary

We know that for many homeowners, the choice to invest in solar rests on installation costs. Some important things that impact the cost and possible savings include:

• Average daily sunlight: Since Cary gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which impacts how much your electricity bills will be.
• Electricity consumption: The average home in Cary uses a decent amount of, and consequently may save on their energy bills.
• Your income and budget: This determines what model of solar panels you can buy.
• Incentives: One thing that can make your solar project cost less 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 power bills, which can lead to an average of $13,000 of savings over 20 years.

Solar is a profitable investment for most homeowners. You can produce your own power instead of paying for it from the grid and make use of solar incentives, all while helping preserve the planet.

Solar Incentives in Cary

One of the benefits of installing a solar panel system is receiving federal and potentially state incentives. When you install a solar panel system on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Additionally, there are often 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 goes over more in-depth information on the incentives you can benefit from in Cary.

Environmental Impact of Switching to Solar in Cary

There are many reasons to make the switch to solar power, like saving some money on electricity bills and helping to lower your carbon footprint. A question many might be thinking about is how much can they really help protect the environment by going solar anyway? The more energy you use, the the more the environment will benefit when you switch to solar as you won't need to use as much nonrenewable energy. Since solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good trade for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 90 pounds each year. As you can see, going solar has so many other benefits besides saving money. One of the major ones is that you can help save the environment too.