15 Best Solar Companies in Channahon, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Channahon

The cost of putting up solar panels has gone down immensely in the past few years, but it's still a substantial investment for most homeowners. Some significant things that affect the cost and possible savings include:

• Incentives: One thing that can save you money on 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 result in an average of $13,000 of savings over 20 years.
• How much power your home consumes: Households that consume plenty of power each month may call for more solar panels and, as a result, be more costly, but will also benefit more over time.
• The type of solar panels you want to get: Some cost more, so that will determine your budget for your solar project.
• Your current electricity bills: Solar panels can substantially lower, or totally eliminate, your utility bills. In Channahon, you can save an average of $75 a month.

Even though a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on several factors, including the amount of daily direct sunlight available and your energy consumption.

Solar Incentives in Channahon

Switching to solar power has plenty of wonderful benefits. Not only can it help protect the environment, but you can also save some money on your installation with various government incentives. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much you paid for your solar installation on your tax return, lowering the amount of taxes you owe that year. In addition, there may be some state and city incentives that can save you some extra money too. Check out our article on solar incentives to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Channahon

Lots of people want to do what they can for the planet, which for many is the main reason for installing a solar system. Something many people might be thinking about is how much can they really help save the environment by going solar anyway? The amount of energy you use is an important factor to consider. The more energy you use, the greater your impact when you make the switch to solar power. In fact, if you install solar panels, you could reduce your carbon dioxide emissions by about 90 pounds each year. If you want to do what you can for the environment, you'll likely understand that there are many good things about adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is priceless.