16 Best Solar Companies in Gillespie, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Gillespie

For a lot of homeowners, whether or not to invest in solar panels boils down to the cost. Some main factors that determine the cost of installing a solar panel system on your home and how much it could save you over time are:

• Energy consumption: Installing solar panels may be too pricey an option for homes that don't consume too much energy per month.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can use. In addition, you can save about $16,000 over 20 years on your utility bills, without incentives.
• Your income and budget: This shapes what model of solar panels you can purchase.
• How much sunlight your roof gets: This, and your roof configuration, affects affect how much electricity your solar panels can generate.

There are several good benefits of solar despite the initial cost of installation. It can help the Earth and your bank account. Plus, it can raise the value of your home, giving you even more benefits if you decide to sell your home later.

Solar Incentives in Gillespie

Since solar power is a cleaner source of energy than traditional energy sources, there are a number of government incentives available to encourage its adoption. When you install solar panels on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Additionally, there are often some regional incentives that you can benefit from to further save. For more information about local incentives, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Gillespie

There are lots of reasons to trade traditional energy for solar energy, like saving on electricity bills and helping to lower your carbon footprint. But how much can using solar energy instead of traditional energy actually help the environment? In a city like Gillespie where energy use is rather high, installing solar panels is a good idea for homeowners who are worried about the state of the planet. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 100 pounds each year. As you can see, trading traditional energy for solar has so many other rewards beyond saving money. One of the most important ones is that you can help save the environment too.