15 Best Solar Companies in Evergreen Park, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Evergreen Park

We understand that for many homeowners, the choice to invest in solar comes down to installation costs. The overall price and potential savings vary depending on a few key factors such as:

• The type of solar panels you can buy: This hinges on your income and budget.
• Electricity consumption: The average household in Evergreen Park uses a decent amount of, and consequently may save on their energy bills.
• 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. Excluding incentives, you can save an average of $13,000 over the first 20 years with your solar system, too.
• Your location: This affects how much sunlight your roof receives, which helps determine how many panels you need.

As a result of solar panels decreasing in cost as well as several solar incentives, they are a sound investment for many homeowners.

Solar Incentives in Evergreen Park

Because solar power is better for the environment than traditional energy sources, there are quite a few government incentives available to encourage people to make the switch. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much your solar project cost when you file taxes, lowering the amount of taxes you owe that year. Additionally, there may be some state and city incentives you can benefit from too. Take a look at our article on solar incentives to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Evergreen Park

One of the reasons so many people are thinking of installing solar panels is to help bring down their environmental impact. But you may be curious — how much exactly can you help the planet by using solar power? An important thing to think about is your overall carbon footprint. For example, if you spend a lot of time driving to work, your footprint may be greater, so switching to solar power for your house can help offset that. When you go solar, your carbon dioxide emissions can be cut by about 90 pounds each year. For people who care about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.