17 Best Solar Companies in Flora, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Flora

The cost of installing solar panels has decreased greatly over the past few years, but it's still a substantial investment for most homeowners. There are quite a few factors you should take into consideration when trying to determine the overall cost and how much you can save, such as:

• The type of solar panels you're thinking of getting: More efficient panels are more expensive, so that will affect your budget for your solar project.
• How much sunlight your roof gets: If your roof gets limited direct sunlight, your solar panel system won't be able to produce as much energy, which will give you lower savings on energy bills than someone with a roof that gets a lot of sunlight.
• Typical energy usage: The more electricity your household uses on average and the higher your current electricity bills are, the more benefits you'll see from going solar.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of your solar system installation from your taxes. Plus, not including incentives, you can save about $17,000 over 20 years on your energy bills.

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

Solar Incentives in Flora

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a considerable amount of money over time because of smaller energy bills and government incentives. State and city solar incentive programs depend on the location and, sometimes, utility company. Many states offer rebates for solar panels, in addition to the federal solar tax credit. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Flora

There are a few main reasons why many people are considering solar energy: to put more money in their bank account and to help the planet. But you may be curious — how much exactly can you help by going solar? Everyone can help save the planet by switching to solar energy, but homes that use more energy will have a bigger impact. Although making solar panels emits carbon dioxide, the panels make up for it by considerably decreasing the amount of CO2 you would have released if you still used nonrenewable energy. In Flora, you can reduce your carbon footprint by 100 pounds a year with solar panels. As you can see, using solar power has so many other rewards beyond saving money. One of the main ones is that you can help save the Earth too.