11 Best Solar Companies in Galena, IL (Jan 2023 Review)

The Cost and Benefits of Solar in Galena

For many people, the decision of which solar installer to choose depends on pricing. A few main factors that determine how much it will cost to install solar panels on your home and how much it could save you over time include:

• Your income and budget: This guides what kind of solar panels you can buy.
• How much you spend on energy: The typical household in Galena shells out around $1,100 a year on energy alone, so you could be looking at that much in savings.
• Incentives: Those who purchase and install a solar energy system this year can save 30% of their total solar spend by using the federal solar investment tax credit. You can also save about $16,000 on your energy bills over 20 years without incentives.
• Your city: This influences how much sunlight your roof gets, which helps determine how many panels you need.

There are many good benefits of solar despite the upfront cost of installation. It can help the Earth and your wallet. Plus, it can raise the value of your home, leading to even more benefits if you decide to sell your home later.

Solar Incentives in Galena

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you much money over time because of smaller power bills and government incentives. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much your solar project cost when you file taxes, lowering the amount of taxes you owe that year. Additionally, there may be some state and city incentives that stack with the ITC too. Our article on solar incentives goes over more information on the incentives you can take advantage of in Galena.

Environmental Impact of Switching to Solar in Galena

If you're considering adding solar panels to your home, one of the primary reasons why may be to lower your carbon dioxide emissions. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Galena, though. In a city like Galena where energy use is rather high, switching to solar energy is a good plan for people who are worried about the state of the planet. Even though solar panel production releases carbon dioxide emissions, the panels make up for it by significantly lowering the amount of CO2 you would have been responsible for if you still used traditional energy. In Galena, you can reduce your carbon footprint by 90 pounds a year with solar panels. For people who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.