12 Best Solar Companies in Fancy Creek, IL (2023 Reviews)

The Cost and Benefits of Solar in Fancy Creek

Although solar panels can save you a decent chunk of change on energy over time, it's necessary to take into consideration the upfront costs. There are a few factors you should take into consideration when determining how much it will cost and how much you can save, including:

• How much sunlight your roof gets: This, and how your roof is set up, affects affect how much electricity your solar panels can make.
• The cost of electricity in your area: If your local electricity rates are quite high, there's a good chance you'll have a higher return on your investment in a solar panel system. In Fancy Creek, you can save an average of $85 a month on your electricity bills.
• System size and type: Some models are more costly than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 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 $15,000 over 20 years with your system, too.

There are several wonderful benefits of solar in spite of the initial cost of installation. It can help the planet and your finances. Plus, it can increase the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in Fancy Creek

Switching to solar power has many wonderful benefits. Not only can it help preserve the environment, but you can also save a good amount of money on your installation with various government incentives. These incentives typically include cash rebates, tax breaks and/or performance-based incentives. They can cut the cost you pay for going solar by 30%, upwards of 50% depending on where you live. For more information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Fancy Creek

There are a few key reasons why people are interested in solar energy: to help their wallet and the environment. Something many people might be asking themselves is how much can they really help the environment by going solar anyway? The more energy your household uses, the the more the environment will benefit from you switching to solar since you won't have to burn as many fossil fuels. Once you go solar, your carbon footprint can be reduced by about 100 pounds each year. The benefits of solar power are infinite — just like solar power is! That's why so many Fancy Creek residents have been happy with making the switch to solar.