18 Best Solar Companies in Hickory Hills, IL (Feb 2023 Review)

The Cost and Benefits of Solar in Hickory Hills

Although solar panels can save you money on power bills over time, it's important to take into consideration the upfront costs. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $13,000 over the first 20 years with your solar system, too.
• Electricity consumption: The average household in Hickory Hills uses a decent amount of, and so may save on their energy bills.
• The type of solar panel system you can purchase: This depends on how much you're willing to spend upfront.
• The amount of sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar panel system won't be able to generate as much energy, which will leave you with lower savings on power bills than a roof that gets plenty of sunlight.

Solar is a valuable investment for most homeowners. You can generate your own energy instead of paying for it from the grid and make use of solar incentives and rebates, all while helping the Earth.

Solar Incentives in Hickory Hills

One of the great things about installing a solar panel system is receiving incentives from the government. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much your solar project cost on your tax return, reducing the amount of taxes you owe that year. Plus, there may be some state and city incentives you can benefit from too. Our article on solar incentives goes over more information on the incentives you can find in Hickory Hills.

Environmental Impact of Switching to Solar in Hickory Hills

There are a few important reasons why people are interested in solar energy: to help their wallet and the environment. But — how much exactly can you help the environment by using solar power? One thing to keep in mind is your overall carbon footprint. For example, if you have a long commute time and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 90 pounds each year. If you want to do your part for the environment, you'll likely get that there are many advantages to adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is more valuable.