16 Best Solar Companies in Empire, IL (Jan 2023 Review)

The Cost and Benefits of Solar in Empire

Even though solar panels can save you money on electricity bills over time, it's important to take into consideration the startup costs. There are several factors you should take into consideration when determining how much it will cost and how much you can save, such as:

• Incentives: Those who buy and install a solar system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $15,000 on your electricity bills over 20 years without incentives.
• Where your home is: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• The kind of solar panel system you can buy: This hinges on your income and budget.
• How much energy costs for you: The average household in Empire pays around $1,000 a year on power alone, so you could end up with that much in savings.

There are several wonderful benefits of solar even with the initial cost of installation. It can help the planet and your bank account. In addition, it can boost the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in Empire

In order to increase solar panel installation and usage, incentives are offered by the government — and even some utility companies — to help make solar power more financially viable and accessible. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially pair the ITC with other local rebates and benefits. In our article on solar incentives, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Empire

There are a few key reasons why homeowners are interested in solar energy: to help their wallet and the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Empire, though. In a city like Empire where energy use is rather high, installing solar panels is a fantastic plan for those who care about the planet. Although solar panel production emits carbon dioxide, the panels make up for it by considerably lowering the amount of CO2 you would have released if you still used nonrenewable energy. In Empire, you can reduce your carbon footprint by 100 pounds a year with solar panels. As you can see, going solar has so many other perks apart from saving money. One of the major ones is that you can help save the Earth too.