16 Best Solar Companies in Georgetown, IL (Oct 2022 Review)

The Cost and Benefits of Solar in Georgetown

For many readers, the decision of which solar installer to choose depends on prices. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• The type of solar panels you have the money for: This is dependent on how much you're willing to invest upfront.
• Your energy consumption: If your home needs to use a lot of energy, you'll benefit more from going solar.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 30% of their solar installation costs by using the federal solar investment tax credit. You can also save about $15,000 on your utility bills over 20 years not including incentives.
• The amount of sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar system won't be able to produce as much energy, which will give you lower savings on energy bills than a roof that gets a lot of sunlight.

There are several great benefits of solar even with the initial cost of installation. It can help the planet and your wallet. Additionally, it can boost the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in Georgetown

If you're thinking about switching to solar energy, several government incentives and state programs can dramatically bring down the cost of the project and expedite the return on your investment. 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 how much you paid for your solar installation when you file taxes, reducing the amount of taxes you owe that year. In addition, there may be some state and city incentives you can benefit from too. For detailed information about incentives that apply to you, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Georgetown

An important reason so many homeowners consider going solar is to help reduce their environmental impact. You may be trying to figure out — how much do solar panels do for the planet anyway? In Georgetown, where the energy generation produces a lot of greenhouse gasses, going solar can have a huge effect on the Earth since solar power is a renewable source of energy. While solar panel manufacturing emits carbon dioxide, the panels make up for it by significantly decreasing the amount of CO2 you would have produced if you still used traditional energy. In Georgetown, you can reduce your carbon footprint by 100 pounds a year with solar panels. If you want to do your part for the environment, you'll likely recognize that there are many advantages to adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is more valuable.