17 Best Solar Companies in Hometown, IL (Oct 2022 Review)

The Cost and Benefits of Solar in Hometown

When picking a solar company, most homeowners or business owners wonder about the costs the most. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• The kind of solar panels you're planning on getting: Some are more costly, so that will influence your budget for your solar project.
• How much sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar panel system won't be able to produce as much energy, which will give you lower savings on energy bills than someone with a roof that gets lots of sunlight.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can benefit from. Additionally, you can save about $13,000 over 20 years on your utility bills, not including incentives.
• Energy consumption: Solar may be too pricey an investment for households that don't need a lot of energy each month.

So is buying solar panels worth it? Whether you want to lower your electric bills, carbon emissions or both, solar panels are a great investment for many Hometown homeowners.

Solar Incentives in Hometown

Since solar power is a cleaner source of energy than burning fossil fuels, there are several government incentives available to encourage its adoption. When you install a solar panel system on your home, you can take advatage of the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. In addition, there may often be some local incentives that you can benefit from to further save. In the table below, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Hometown

Replacing nonrenewable energy with solar power is a great way to do what you can for a greener future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Hometown, though. One thing you should keep in mind is your overall carbon footprint. For example, if you spend a lot of time on the road and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. If you go solar, your carbon emissions can be lowered by about 90 pounds a year. As you can see, investing in solar has so many other perks outside of saving money. One of the main ones is that you can help save the Earth too.