18 Best Solar Companies in Lombard, IL (Jan 2023 Review)

The Cost and Benefits of Solar in Lombard

When choosing a solar company, most homeowners or business owners think about the costs above all. The overall price and potential savings vary depending on some important factors such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or 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 solar system, too.
• Electricity consumption: The average household in Lombard uses a decent amount of, and as a result may save on their energy bills.
• Where your home is: This influences how much sunlight your roof gets, which helps determine how many panels you need.
• System size and type: Some models are more costly than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.

So is installing solar panels worth it? Whether you're trying to decrease your electric bills, greenhouse gas emissions or both, solar panels are a great investment for many Lombard homeowners.

Solar Incentives in Lombard

Switching to solar power has plenty of wonderful benefits. Not only can it help preserve the environment, but you can also save a good amount of money on your installation with various government incentives. Local solar incentive programs vary by location and, sometimes, utility company. A lot of states offer rebates for solar power, in addition to the federal solar tax credit. For comprehensive information about local incentives, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Lombard

One of the best reasons to tap into solar power is to decrease your reliance on nonrenewable energy sources like burning fossil fuels, which are harmful for the environment. But how much can installing solar panels actually help the environment? If your home consumes a lot of energy, you can impact the environment even more by switching to solar power. While making solar panels emits carbon dioxide, the panels make up for it by considerably lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Lombard, you can reduce your carbon footprint by 90 pounds a year with solar panels. If you want to do your part for the environment, you'll likely get that there are many benefits of adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is more valuable.