18 Best Solar Companies in Glenwood, IL (Jan 2023 Review)

The Cost and Benefits of Solar in Glenwood

When picking a solar company, most homeowners or business owners worry about the costs the most. There are several factors you should consider when determining costs and your potential savings, including:

• The kind of solar panels you can afford: This is dependent on how much you're willing to invest upfront.
• Energy consumption: Solar may be too steep of an option for homes that don't need a good amount of energy per month.
• Your home's orientation toward the sun: This, plus how your roof is set up, affects affect how much electricity your solar panels can generate.
• Incentives: The federal solar investment tax credit currently allows you to decrease 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 $13,000 over 20 years on your utility bills, not including incentives.

So is buying solar panels worth it? Whether you'd like to lower your energy bills, carbon emissions or both, solar panels are a good investment for many Glenwood homeowners.

Solar Incentives in Glenwood

If you're planning on making the switch to solar energy, several government incentives and tax credits can drastically reduce the cost of the project and expedite the return on your investment. Regardless of 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 on your tax return, lowering the amount of taxes you owe that year. Additionally, there may be some state and city incentives you can benefit from too. Take a look at our article on solar incentives to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Glenwood

Swapping traditional energy for solar is a great way to do what you can for a greener future. You may be curious — how much do solar panels do for the environment anyway? In a city like Glenwood where energy use is rather high, switching to solar energy is a great plan for people who care about the planet. While solar panel production emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have produced if you still used nonrenewable energy. In Glenwood, you can reduce your carbon footprint by 90 pounds a year with solar panels. If you want to do what you can for the environment, you'll likely recognize that there are many good things about adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is more valuable.