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

The Cost and Benefits of Solar in Itasca

The cost of installing a solar panel system has dropped greatly over the past few years, but it's still a substantial investment for most homeowners. 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:

• System size and type: Some models are more costly than others, so the one you want can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• 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 will help you save even more. Excluding incentives, you can save an average of $13,000 over the first 20 years with your system, too.
• Typical energy usage: The more electricity your household consumes on average and the higher your current electricity bills are, the more benefits you'll see from going solar.
• Average daily sunlight: Since Itasca gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much your electricity bills will be.

Solar is a rewarding investment for most homeowners. You can produce your own power instead of paying for it from a utility company and benefit from solar incentives and rebates, all while helping preserve the planet.

Solar Incentives in Itasca

There are many reasons why you should switch to solar. One of them consists of some government incentives that can help save you some money. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much your solar project cost when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some state and city incentives that stack with the ITC too. For comprehensive information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Itasca

There are many reasons to switch to solar energy, like saving some money on utility bills and helping to lower your carbon footprint. Something many people might have in mind is how much can they really help protect the environment by going solar anyway? Everyone can help the environment by switching to solar energy, but homes that consume a lot of energy will have an even bigger impact. While solar panel production releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Itasca, you can reduce your carbon footprint by 90 pounds a year with solar panels. As you can see, trading traditional energy for solar has so many other benefits outside of saving money. One of the main ones is that you can help save the environment too.