16 Best Solar Companies in Georgetown, IL (Jan 2023 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.
• How much sunlight your roof gets: This, along with the configuration of your roof, affects affect how much energy your solar panels can produce.
• Your energy bills: This will impact how much you can save. In Georgetown, the average homeowner can save about $970 a year on their electricity bills.
• Incentives: Those who install a solar energy system this year can save 30% of their overall solar costs by taking advantage of the federal solar investment tax credit. You can also save about $15,000 on your electricity bills over 20 years without incentives.

Even though a solar panel system costs a good chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on several factors, such as the amount of daily direct sunlight available and your current power bills.

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? If your home consumes lots of energy, you can help the environment even more by switching to solar 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. The great things about solar power are infinite — just like solar power is! That's why so many people have been happy with making the switch to solar.