13 Best Solar Companies in Grayslake, IL (Jan 2023 Review)

The Cost and Benefits of Solar in Grayslake

When choosing a solar company, most homeowners or business owners wonder about the costs the most. Some important things that affect the cost and possible savings include:

• Average daily sunlight: Since Grayslake gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much your electricity bills will be.
• The type of solar panels you're thinking of getting: More efficient models are more expensive, so that will determine your budget for your solar project.
• The cost of energy for you: If your local power rates are high, there's a better chance you'll end up with a higher return on your investment in a solar system. In Grayslake, you can save an average of $75 a month on your electricity bills.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save on your power bills, which can give you an average of $14,000 of savings over 20 years.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on several factors, like the amount of daily direct sunlight available and your energy consumption.

Solar Incentives in Grayslake

In order to increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make going solar more economical and accessible. State and city solar incentive programs vary by location and, sometimes, utility company. A lot of states offer rebates for solar panels, in addition to the federal solar tax credit. In our article on solar incentives, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Grayslake

Installing solar panels can have a positive effect on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Grayslake, though. Regardless of your location, you can help protect the planet by switching to solar energy, but homes that use lots of energy will have an even bigger impact. In Grayslake, the average household can lower their carbon footprint by 90 pounds a year once they go solar. 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.