12 Best Solar Companies in Frankfort Square, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Frankfort Square

The cost of installing a solar panel system has gone down significantly in the past several years, but it's still a large investment for most homeowners. Some key factors that determine the cost of installing a solar panel system on your home and how much it could save you over time are:

• Your current electric bills: Solar panels can substantially lower, or totally eradicate, your utility bills. In Frankfort Square, you can save an average of $75 a month.
• The amount of sunlight your home gets: Because of Frankfort Square's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.
• Your income and budget: This guides what kind of solar panels you can afford.
• Incentives: Something that can make your solar project cost less 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 on your utility bills, which can give you an average of $13,000 of savings over 20 years.

Though a solar panel system costs a good chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on several factors, including the size of your solar panel system and your local electricity rates.

Solar Incentives in Frankfort Square

In order to increase solar panel installation and usage, federal, state and local governments — and even some utility companies — offer incentives to help make going solar more affordable and accessible. State and city solar incentives depend on the location and, sometimes, utility company. A lot of states offer rebates for solar panels, in addition to the federal solar tax credit. For comprehensive information about incentives that apply to you, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Frankfort Square

There are many reasons to switch to solar energy, like saving some money on electricity bills and helping to reduce your carbon footprint. You may be curious — how much do solar panels help the planet anyway? Regardless of your location, you can help protect the planet by switching to solar energy, but homes that consume a lot of energy will have an even bigger impact. In fact, if you make the switch to solar power, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. If you want to do what you can for the environment, you'll likely recognize that there are many advantages to adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is priceless.