13 Best Solar Companies in Inverness, IL (Feb 2023 Review)

The Cost and Benefits of Solar in Inverness

For lots of homeowners, the decision to invest in solar panels depends the most on the cost. There are a few factors you should consider when trying to determine how much it will cost and how much you can save, such as:

• The make and model of solar panels you want: Some are more expensive, so that will affect your budget for your solar project.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panel system won't be able to make as much energy, which will leave you with lower savings on electricity bills than a roof that gets lots of sunlight.
• Incentives: The federal solar investment tax credit, which everyone qualifies 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 $13,000 over 20 years on your energy bills.
• How much electricity your household consumes: Homes that need a lot of power each month may require more solar panels and, as a result, be more expensive, but will also save more on their energy bills over time.

So is installing solar panels worth it? Whether you hope to decrease your electric bills, greenhouse gas emissions or both, solar panels are a good investment for many Inverness homeowners.

Solar Incentives in Inverness

Since solar power is a cleaner source of energy than burning fossil fuels, there are various government incentives available to encourage people to make the switch. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much you paid for your solar installation on your tax return, lowering the amount of taxes you owe that year. In addition, there may be some state and city incentives you can benefit from too. Check out our article on solar incentives to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Inverness

Making the switch to solar power is a great way to do what you can for a more sustainable future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Inverness, though. In a city like Inverness where energy use is rather high, making the switch to solar power is a fantastic idea for people who want to do their part for the environment. Since solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good trade for nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. If you want to do your part for the environment, you'll most likely understand that there are many benefits of adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is priceless.