16 Best Solar Companies in Centreville, IL (Feb 2023 Review)

The Cost and Benefits of Solar in Centreville

For many homeowners, whether or not to invest in a solar energy system comes down to the cost. The cost and possible savings vary depending on some key factors such as:

• Incentives: Something that can reduce the cost of your solar project 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 money on your power bills, which can give you an average of $14,000 of savings over 20 years.
• The cost of electricity in your area: If your local power rates are high, there's a good chance you'll end up with a higher return on your investment in a solar panel system. In Centreville, you can save an average of $75 a month on your electricity bills.
• Whether or not your roof gets a lot of direct sunlight: This, plus how your roof is set up, affects affect how much power your solar panels can make.
• System size and type: Some models are more costly than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.

So is buying solar panels worth it? Whether you're trying to reduce your electric bills, carbon emissions or both, solar panels are a worthwhile investment for many Centreville homeowners.

Solar Incentives in Centreville

Although a solar power system is typically a large investment, it can save you much money over many years due to smaller utility bills and government incentives. Local solar incentive programs depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power, in addition to the federal solar tax credit. For more information about incentives for homeowners in Centreville, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Centreville

Replacing nonrenewable energy with solar power is a compelling way to do your part for a more environmentally-friendly future. You may be curious — how much do solar panels do for the environment anyway? Adopting solar power is a great choice for the environment, because the biggest source of greenhouse gas emissions in the country is from burning fossil fuels for electricity, heat, and transportation — all of which can be powered by solar instead. In Centreville, the average resident can reduce their carbon footprint by 100 pounds a year after going solar. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.