13 Best Solar Companies in Chemung, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Chemung

For many readers, the decision of which solar installer to go with depends on costs. The cost and possible savings vary depending on some key factors such as:

• How much electricity your home consumes: Homes that use lots of energy each month may require more solar panels and, therefore, more upfront cost, but will also enjoy more savings over time.
• System size and type: Some models are more pricy than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $13,000 over the first 20 years with your solar system, too.
• Your household's power bills: With high monthly energy bills in Chemung, you could save about $900 a year with solar.

Solar is a fruitful investment for most homeowners. You can produce your own power instead of paying for it from the grid and benefit from solar incentives, all while helping the Earth.

Solar Incentives in Chemung

Although a solar power system is typically a large investment, it can save you a considerable amount of money over several years due to reduced energy bills and government incentives. These incentives usually take the form of cash rebates, tax credits and/or solar renewable energy credits. They can reduce how much you pay for installing solar panels by 30%, upwards of 50% in some cases. Take a look at our article on solar incentives to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Chemung

Replacing nonrenewable energy with solar power is a powerful way to do your part for a more eco-friendly future. But how much can switching to solar actually affect the environment? An important thing to be mindful of is your overall carbon footprint. For example, if your commute is very long, your footprint may be larger, so switching to solar energy for your home can help offset that. When you go solar, your carbon emissions can be cut by about 90 pounds every year. The good things about solar power are plentiful — just like solar power is! That's why so many homeowners have been happy with making the switch to solar.