13 Best Solar Companies in Ela, IL (2023 Reviews)

The Cost and Benefits of Solar in Ela

We get that for most homeowners, the decision to invest in solar rests on installation costs. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can benefit from. Additionally, you can save about $14,000 over 20 years on your utility bills, before factoring in incentives.
• Your income and budget: This affects what model of solar panels you can get.
• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar system won't be able to generate as much energy, which will leave you with lower savings on electric bills than a roof that gets lots of sunlight.
• Your household's power bills: Based on the high monthly electric bills in Ela, you could save about $900 a year with solar.

Although a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on several factors, like the size of your solar panel system and your current power bills.

Solar Incentives in Ela

Switching to solar power has plenty of considerable benefits. Not only can it help preserve the environment, but you can also save a decent amount of money on your installation with various government incentives. There are quite a few federal, state and local rebates and tax credits that can earn you anywhere from 30% to 50% of your money in return after paying for a solar panel system. Check out our article on solar incentives to see what incentives are available to you.

Environmental Impact of Switching to Solar in Ela

An important reason so many people are considering switching to solar power is to help bring down their environmental impact. A question many people might have in mind is how much can they really help the environment by going solar anyway? If your family uses a lot of energy, you can have an even greater impact on the planet by switching to solar power. In fact, if you make the switch to solar power, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. Since energy from the sun is renewable and makes electricity without CO2 emissions, making the switch to solar power is one easy step you can take to help protect the environment.