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

The Cost and Benefits of Solar in Flossmoor

Solar panels run off a free energy source — the sun — but to take advantage of this you will need to pay to set up your panels. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Your city: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your power bills, which can result in an average of $13,000 of savings over 20 years.
• Your power bills: This will determine your savings. In Flossmoor, the average homeowner can save about $900 a year on their electricity bills.

There are several great benefits of solar even with the initial cost of installation. It can help the environment and your wallet. Additionally, it can raise the value of your home, resulting in even more benefits if you decide to sell your home later.

Solar Incentives in Flossmoor

One of the great things about installing a solar panel system is receiving incentives from the government. State and city solar incentives vary by location and, sometimes, utility company. A lot of states offer rebates for home solar power systems, in addition to the federal solar tax credit. Check out our article on solar incentives to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Flossmoor

One of the reasons so many people consider installing solar panels is to help lower their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Flossmoor, though. If your household uses lots of energy, you can impact the environment even more by switching to solar energy. Because solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good trade for traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 90 pounds each year. For people who are worried about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.