16 Best Solar Companies in Cary, IL (Sep 2022 Review)

The Cost and Benefits of Solar in Cary

While solar panels can save you a decent chunk of change on electricity bills over time, it's necessary to take into consideration the startup costs. The cost of solar and the savings it generates vary depending on some key factors such as:

• Choice of solar panels: The kind of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• The amount of sunlight your roof gets: Thanks to Cary's high amount of average daily sunlight, you should be able to save a decent amount on your electric bills.
• How much power your household needs: If your family regularly uses a lot of energy, you'll benefit more from going solar.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can 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.

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. The table below shows you the incentives you can find in Cary.

Environmental Impact of Switching to Solar in Cary

There are tons of reasons to trade traditional energy for solar energy, like saving some money on utility bills and helping to reduce your carbon footprint. A question many might be thinking about is how much can they really help protect the environment by going solar anyway? Everyone can help the environment by switching to solar energy, but homes that consume a lot of energy will have a bigger impact. Although making solar panels releases carbon dioxide emissions, the panels make up for it by significantly lowering the amount of CO2 you would have been responsible for if you still used traditional energy. In Cary, you can reduce your carbon footprint by 90 pounds a year with solar panels. If you care about the environment, you'll likely recognize that there are many benefits of adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is more valuable.