17 Best Solar Companies in Cicero, IL (Jan 2023 Review)

The Cost and Benefits of Solar in Cicero

Solar panels are powered by a free energy source — the sun — but to take advantage of this you will need to pay to set up your panels. Some key things that determine how much it will cost and how much you could save include:

• 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 various incentives that you can benefit from. Additionally, you can save about $13,000 over 20 years on your utility bills, before factoring in incentives.
• Your city: This affects how much sunlight your roof receives, which helps determine how many panels you need.
• Your home's power bills: Based on the high monthly electricity bills in Cicero, you could save about $900 a year with solar.
• Energy consumption: Installing solar panels may be too pricey an investment for families that don't consume a lot of energy per month.

So is buying solar panels worth it? Whether you want to reduce your electricity costs, carbon emissions or both, solar panels are a good investment for many Cicero homeowners.

Solar Incentives in Cicero

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you much money in the long term due to smaller power bills and government incentives. In addition to the federal tax credit incentive, there are also some state- and city-level benefits, which in almost all cases, stack with the federal incentive, so you get to save even more. Check out our article on solar incentives to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Cicero

Replacing nonrenewable energy with solar power is a profound way to do what you can for a cleaner and more sustainable future. But you may be wondering — how much exactly can you help the planet by going solar? If your household consumes a lot of energy, you can impact the environment even more by switching to solar energy. In Cicero, the average household can reduce their carbon footprint by 90 pounds a year once they go solar. Since energy from the sun is plentiful and makes electricity without free from carbon dioxide emissions, making the switch to solar power is one easy step you can take to help the environment.