16 Best Solar Companies in Galesburg, IL (Jan 2023 Review)

The Cost and Benefits of Solar in Galesburg

While solar panels can help save you money on electricity bills over time, it's necessary to consider the upfront costs. A few key factors that dictate the cost of installing solar panels on your home and how much it could save you over time include:

• The model of solar panels you can purchase: This hinges on what your budget is.
• The amount of sunlight your roof gets: This, along with your roof configuration, affects affect how much electricity your solar panels can produce.
• How much energy you use: If your family needs to use a lot of energy, you'll benefit more from installing solar panels.
• Incentives: One thing 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 a decent amount of money on your utility bills, which can generate an average of $14,000 of savings over 20 years.

Solar is a valuable investment for most homeowners. You can generate your own power instead of paying for it from a utility company and take advantage of solar incentives and rebates, all while helping the Earth.

Solar Incentives in Galesburg

One of the good things about installing a solar panel system is receiving government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of your project costs when you file taxes, reducing the amount of taxes you owe that year. Additionally, there may be some local incentives that can save you some extra money too. For detailed information about incentives for homeowners in Galesburg, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Galesburg

One of the best reasons to adopt solar power is to cut your reliance on traditional energy sources like burning fossil fuels, which are harmful for the environment. But you may be wondering — how much exactly can you help the planet by making the switch to solar? In a city like Galesburg where energy use is rather high, going solar is a great idea for those who are eco-conscious. After you go solar, your carbon emissions can be cut by about 100 pounds every year. If you want to do your part for the environment, you'll no doubt find that there are many benefits of adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is invaluable.