17 Best Solar Companies in La Grange, IL (Mar 2023 Review)

The Cost and Benefits of Solar in La Grange

We get that for lots of homeowners, the choice to invest in solar rests on installation costs. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• The amount of sunlight your city gets: Thanks to La Grange's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.
• 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. Plus, not including incentives, you can save about $13,000 over 20 years on your energy bills.
• The model of solar panels you're thinking of getting: Higher-efficiency panels are more costly, so that will influence your budget for your solar project.
• Your home's power bills: With high monthly electricity bills in La Grange, you could save about $900 a year with solar.

There are many good benefits of solar in spite of the initial cost of installation. It can help the planet and your wallet. In addition, it can boost the value of your home, leading to even more benefits if you decide to sell your home later.

Solar Incentives in La Grange

One of the good things about installing a solar panel system is earning incentives from the government. When you install a solar panel system on your home, you can claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Plus, there are often some local incentives that you can use to further cut back on the cost of solar of solar panels. In our article on solar incentives, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in La Grange

There are lots of reasons to switch to solar energy, like saving some money on utility bills and helping to reduce your carbon footprint. But — how much exactly can you help by going solar? If your household uses a lot of energy, you can help the environment even more by switching to solar energy. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 90 pounds each year. Since energy from the sun is abundant and produces electricity without releasing carbon emissions, installing solar panels is one easy step you can take to help the environment.