16 Best Solar Companies in Coal Valley, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Coal Valley

When choosing a solar company, most homeowners or business owners wonder about the costs above all. The overall price and potential savings vary depending on a few key factors such as:

• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of your solar system installation from your federal taxes. Additionally, not including incentives, you can save about $12,000 over 20 years on your energy bills.
• How much sunlight your roof gets: This, along with your roof configuration, affects affect how much power your solar panels can generate.
• The type of solar panels you're planning on getting: More efficient panels are more costly, so that will influence your budget for your solar project.
• How much energy costs for you: If your local energy rates are high, there's a good chance you'll end up with a higher return on your investment in a solar system. In Coal Valley, you can save an average of $66 a month on your electricity bills.

So is a solar system worth it? Whether you want to decrease your electricity costs, carbon dioxide emissions or both, solar panels are a good investment for many Coal Valley homeowners.

Solar Incentives in Coal Valley

If you're thinking about switching to solar energy, several government incentives and tax credits can dramatically bring down your project costs and speed up the return on your investment. These incentives mostly include cash rebates, tax breaks and/or solar renewable energy credits. They can lower how much you pay for going solar by 30%, upwards of 50% depending on your location. Check out our article on solar incentives to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Coal Valley

Installing solar panels can have a meaningful effect on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Coal Valley, though. In a city like Coal Valley where energy use is rather high, making the switch to solar power is a good idea for people who care about the planet. While solar panel production emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have released if you still used traditional energy. In Coal Valley, you can reduce your carbon footprint by 90 pounds a year with solar panels. 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 invaluable.