15 Best Solar Companies in Granite City, IL (Oct 2022 Review)

The Cost and Benefits of Solar in Granite City

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. The cost and possible savings vary depending on some important factors such as:

• Incentives: Those who purchase and install a solar energy system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $12,000 on your energy bills over 20 years without incentives.
• Average daily sunlight: Since Granite City gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which affects how much your electricity bills will be.
• How much energy your household consumes: Homes that use plenty of electricity each month may need more solar panels and, therefore, be more expensive, but will also save more on their energy bills over time.
• Choice of solar panels: The kind of solar panels you want will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.

Solar is a rewarding investment for most homeowners. You can generate your own power instead of paying for it from the grid and take advantage of solar tax credits and rebates, all while helping the Earth.

Solar Incentives in Granite City

If you're thinking about making the switch to solar power, several government incentives and state programs can drastically lower the installation costs and expedite the return on your investment. When you install a solar panel system on your house, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. In addition, there may often be some state and city incentives that you can benefit from to further cut back on the cost of solar of solar panels. The table below shows you the incentives you can take advantage of in Granite City.

Environmental Impact of Switching to Solar in Granite City

One of the most compelling reasons to tap into solar energy is to decrease your reliance on traditional energy sources like burning fossil fuels, which are damaging for the environment. You may be wondering — how much do solar panels do for the planet anyway? Switching to solar energy for electricity instead of using nonrenewable energy is a great way to lower your carbon footprint if you're worried about Granite City's large level of greenhouse gas emissions. Since solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 100 pounds each year. If you want to do your part for the environment, you'll likely understand that there are many advantages to adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is worth more.