15 Best Solar Companies in Catlin, IL (Jan 2023 Review)

The Cost and Benefits of Solar in Catlin

When deciding on a solar company, most homeowners or business owners care about the costs the most. The cost of solar and the savings it generates vary depending on a few key factors such as:

• Your household's power bills: Because of fairly high monthly power bills in Catlin, you could save about $980 a year with solar.
• Your city: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can benefit from. Additionally, you can save about $15,000 over 20 years on your utility bills, not including incentives.
• System size and type: Some models are more expensive 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.

Although a solar panel system costs a good chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on several factors, like the size of your house and your current power bills.

Solar Incentives in Catlin

Since solar power is a cleaner source of energy than traditional energy sources, there are various government incentives in place to encourage its adoption. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much your solar project cost when you file taxes, reducing the amount of taxes you owe that year. Additionally, there may be some local incentives that stack with the ITC too. In our article on solar incentives, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Catlin

Making the switch to solar power is a compelling way to do your part for a more eco-friendly future. But — how much exactly can you help the environment by making the switch to solar? If your household consumes a lot of energy, you can help the environment even more by switching to solar energy. In fact, if you make the switch to solar power, you could be looking at reducing your carbon dioxide emissions by about 100 pounds each year. Since solar energy is plentiful and produces electricity without releasing carbon emissions, making the switch to solar power is one easy step you can take to help preserve the environment.