15 Best Solar Companies in Highland, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Highland

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 a few key factors such as:

• Incentives: Those who install a solar energy system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $16,000 on your utility bills over 20 years excluding incentives.
• Your home's power bills: Based on the fairly high monthly energy bills in Highland, you could save about $1,100 a year with solar.
• The amount of sunlight your home gets: Because of Highland's high amount of average daily sunlight, you should be able to save a decent amount on your electric bills.
• System size and type: Some models are more expensive than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.

So are solar panels worth it? Whether you want to reduce your energy bills, greenhouse gas emissions or both, solar panels are a good investment for many Highland homeowners.

Solar Incentives in Highland

If you're thinking about switching to solar energy, a number of government incentives and tax credits can drastically reduce your project costs and expedite the return on your investment. On top of the federal solar investment tax credit, there are also some state- and city-level incentives, which in most cases, can be claimed in addition to the federal incentive, so you get to save even more. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Highland

An important reason so many people consider adopting solar energy is to help lower their environmental impact. You may be curious — how much does making the switch do for the environment anyway? The more power your family uses, the the more the environment will benefit when you switch to solar as you won't have to burn as many fossil fuels. Since solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good substitute for nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 100 pounds each year. For those who care about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.