18 Best Solar Companies in Felix, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Felix

We understand that for most homeowners, the choice to invest in solar depends on installation costs. A few main factors that dictate how much it will cost to install solar panels on your home and how much money you could save over time include:

• Your income and budget: This determines what kind of solar panels you can purchase.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state may also have various incentives that you can benefit from. Plus, you can save about $13,000 over 20 years on your utility bills, before factoring in incentives.
• Your home's power bills: Based on the high monthly electricity bills in Felix, you could save about $900 a year with solar.
• The amount of sunlight your roof gets: This, along with the configuration of your roof, affects affect how much power your solar panels can generate.

Even though 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 a number of factors, such as the amount of daily direct sunlight available and your energy consumption.

Solar Incentives in Felix

Since solar power is better for the environment than burning fossil fuels, there are several government incentives in place to encourage people to make the switch. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much you paid for your solar installation when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some state and city incentives you can benefit from too. Check out our article on solar incentives to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Felix

There are a few main reasons why homeowners are interested in solar energy: for the good of their bank accounts and the planet. But you may be curious — how much exactly can you help by making the switch to solar? If your home consumes a lot of energy, you can impact the environment even more by switching to solar power. Because solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good trade for nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. The advantages of solar power are plentiful — just like solar power is! That's why so many homeowners have been happy with using solar energy.