12 Best Solar Companies in Kickapoo, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Kickapoo

While solar panels can save you money on power bills over time, it's important to know the startup costs. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• How much you spend on energy: If your local utility rates are high, there's a good chance you'll end up with a higher return on your investment in a solar system. In Kickapoo, you can save an average of $66 a month on your electricity bills.
• Choice of solar panels: The kind of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 30% of the cost of your solar system installation from your taxes. Plus, not including incentives, you can save about $12,000 over 20 years on your energy bills.
• Energy consumption: Solar may be too pricey an option for homes that don't need a good amount of energy each month.

Although a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on several factors, like the angle of your roof and your energy consumption.

Solar Incentives in Kickapoo

Switching to solar power has plenty of great benefits. Not only can it help protect the environment, but you can also save a decent amount of money on your installation with various government incentives. When you install solar panels, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some state and city incentives that you can take advantage of to further save. Check out our article on solar incentives to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Kickapoo

One of the best reasons to switch to solar power is to decrease your dependence on traditional energy sources like burning fossil fuels, which are destructive for the environment. You may be wondering — how much do solar panels do for the environment anyway? An important thing to be mindful of is your overall carbon footprint. For example, if you have a long commute, your footprint may be larger, so adopting solar power for your home can help offset that. When you go solar, your carbon dioxide emissions can be reduced by about 100 pounds each year. If you care about the environment, you'll no doubt recognize that there are many advantages to adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is more valuable.