18 Best Solar Companies in Hickory Point, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Hickory Point

Solar panels are powered by a free energy source — the sun — but to take advantage of this you will need to pay to install your system. Some key things that influence the cost and possible savings include:

• The amount of sunlight your city gets: Due to Hickory Point's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• Your energy consumption: If your home regularly uses a lot of energy, you'll reap more rewards from switching to solar.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $16,000 over 20 years on your energy bills.
• The kind of solar panels you can purchase: This depends on your income and budget.

So is installing solar panels worth it? Whether you'd like to reduce your energy bills, carbon dioxide emissions or both, solar panels are a good investment for many Hickory Point homeowners.

Solar Incentives in Hickory Point

Because solar power is better for the environment than fossil fuels, there are several government incentives in place to encourage its adoption. There are quite a few federal, state and local rebates and tax credits that let you earn some money back after paying for a solar panel system. Our article on solar incentives has more information on the incentives you can benefit from in Hickory Point.

Environmental Impact of Switching to Solar in Hickory Point

Installing solar panels can have a beneficial impact on the environment. You may be curious — how much does going solar help the environment anyway? The more power your family uses, the better off the planet will be if you switch to solar as you won't need to burn as many fossil fuels. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 100 pounds each year. If you want to do what you can for the environment, you'll no doubt understand that there are many benefits of adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is invaluable.