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

The Cost and Benefits of Solar in Elburn

While solar panels can save you a good amount of money on power bills over time, it's important to know the startup costs. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• How much you spend on energy: The average household in Elburn pays around $1,100 a year on energy use alone, so you could gain that much in savings.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $15,000 over the first 20 years with your solar system, too.
• Typical energy usage: The more electricity your household consumes on average and the steeper your current electricity bills are, the more benefits you'll see from making the switch to solar.
• The type and model of solar panels you want: Higher-efficiency panels are more costly, so that will shape your budget for your solar project.

So is a solar system worth it? Whether you'd like to decrease your energy bills, carbon emissions or both, solar panels are a good investment for many Elburn homeowners.

Solar Incentives in Elburn

In order to increase solar panel installation and usage, federal and local governments — and even some utility companies — offer incentives to help make going solar more economically viable and accessible. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of your project costs when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some local incentives that can save you some extra money too. Our article on solar incentives has more in-depth information on the incentives you can find in Elburn.

Environmental Impact of Switching to Solar in Elburn

There are a few key reasons why homeowners are interested in solar energy: to put more money in their bank account and to help the planet. A question many homeowners might be asking themselves is how much can they really help save the environment by going solar anyway? Everyone can help the environment by switching to solar energy, but homes that consume more energy will have an even greater impact. Although solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by significantly reducing the amount of CO2 you would have released if you still used traditional energy. In Elburn, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since energy from the sun is renewable and makes electricity without releasing carbon emissions, making the switch to solar power is one easy step you can take to help protect the planet.