18 Best Solar Companies in Cherry Valley, IL (Jan 2023 Review)

The Cost and Benefits of Solar in Cherry Valley

Although solar panels can help save you money on utility bills over time, it's necessary to take into consideration the upfront costs. There are quite a few factors you should take into consideration when determining costs and your potential savings, such as:

• The kind of solar panel system you can afford: This depends on your income and budget.
• Your current electric bills: Solar panels can noticeably decrease, or totally eradicate, your utility bills. In Cherry Valley, you can save an average of $75 a month.
• average energy usage: The more power your home consumes on average and the steeper your current power bills are, the more likely you'll benefit from switching to solar.
• Incentives: Tax-paying citizens who purchase and install a solar system this year can save 30% of their solar installation costs by using the federal solar investment tax credit. You can also save about $13,000 on your energy bills over 20 years without incentives.

So are solar panels worth it? Whether you hope to lower your electricity costs, carbon dioxide emissions or both, solar panels are a great investment for many Cherry Valley homeowners.

Solar Incentives in Cherry Valley

Since solar power is better for the environment than fossil fuels, there are a number of government incentives available to encourage its adoption. There are several federal, state and local rebates and tax credits that can earn you a decent amount of money back after paying for a solar panel system. Check out our article on solar incentives to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Cherry Valley

There are many reasons to switch to solar power, like saving some money on utility bills and helping to reduce your carbon footprint. But how much can installing solar panels actually help the environment? Going solar is a great choice for the environment, due to the fact that the greatest 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 fact, if you adopt solar power, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. Since energy from the sun is abundant and makes electricity without a carbon footprint, installing solar panels is one easy step you can take to help protect the environment.