18 Best Solar Companies in Glencoe, IL (2023 Reviews)

The Cost and Benefits of Solar in Glencoe

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will need to pay to install your panels. Some important factors that affect how much it will cost to install solar panels on your home and how much it could save you over time include:

• Incentives: Those who buy and install a solar energy system this year can save 30% of their installation 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.
• How much electricity your home consumes: Homes that consume plenty of electricity each month may need more solar panels and, therefore, be more costly, but will also benefit more over time.
• How much you spend on energy: The typical family in Glencoe shells out around $980 a year on electricity alone, so you could end up with that much in savings.
• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.

So is a solar system worth it? Whether you want to lower your electricity costs, carbon emissions or both, solar panels are a good investment for many Glencoe homeowners.

Solar Incentives in Glencoe

There are many good reasons why you should switch to solar. One of them consists of some government incentives that can save you money. In addition to the federal tax credit incentive, there are also some local incentives, which in most cases, can be claimed in addition to the federal incentive, so you get to save even more. Our article on solar incentives goes over more in-depth information on the incentives you can find in Glencoe.

Environmental Impact of Switching to Solar in Glencoe

Lots of people want to do their part to help save the environment, which in many cases is the prime motivation to install a solar system. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Glencoe, though. How much energy you use is an important factor to consider. The more power your home uses, the greater your impact when you make the switch to solar power. Once you go solar, your carbon emissions can be cut by about 90 pounds a year. The advantages of solar power are infinite — just like solar power is! That's why so many people have been happy with committing to solar.