15 Best Solar Companies in Kewanee, IL (2023 Reviews)

The Cost and Benefits of Solar in Kewanee

Solar panels run off a free energy source — the sun — but before you can take advantage of this you must first pay to set up your system. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of your solar system installation from your taxes. Plus, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• Your energy bills: This will affect your savings. In Kewanee, the average homeowner can save about $960 a year on their electricity bills.
• Typical energy usage: The more power your household uses on average and the steeper your current power bills are, the more money you could save by making the switch to solar.
• Average daily sunlight: Since Kewanee gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which influences how much you can save on your energy bills.

So is a solar system worth it? Whether you want to reduce your electricity costs, carbon dioxide emissions or both, solar panels are a great investment for many Kewanee homeowners.

Solar Incentives in Kewanee

In order to increase solar panel installation and usage, incentives are offered by the government — and even some utility companies — to help make solar more affordable and accessible. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly use the ITC with other state and city incentives. Check out our article on solar incentives to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Kewanee

If you're planning on adding solar panels to your home, one of the major reasons why may be to reduce your reliance on nonrenewable energy. Something many might be thinking about is how much can they really help preserve the environment by going solar anyway? As reported by the EPA, electricity generation is the second largest source of greenhouse gas emissions and about 62% of our electricity is generated by burning fossil fuels. Using solar power can help reduce that number in a city like Kewanee that accounts for a large amount of carbon dioxide emissions each year. If you go solar, your carbon dioxide emissions can be cut by about 100 pounds every year. As you can see, investing in solar has so many other rewards besides saving money. One of the primary ones is that you can help save the environment too.