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

The Cost and Benefits of Solar in Mackinaw

The cost of installing a solar panel system has decreased significantly in the past few years, but it's still a large investment for most homeowners. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save money on your energy bills, which can result in an average of $14,000 of savings over 20 years.
• How much power your household consumes: Homes that use a lot of energy each month may call for more solar panels and, therefore, be more expensive, but will also benefit more over time.
• Choice of solar panels: The type of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Whether or not your roof gets a lot of direct sunlight: This, plus the configuration of your roof, affects affect how much power your solar panels can generate.

Thanks to the cost of solar panels being lower than before as well as various solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Mackinaw

Since solar power is better for the environment than traditional energy sources, there are various government incentives available to encourage its adoption. Local solar incentive programs vary by location and, sometimes, utility company. Many states offer rebates for solar power systems, in addition to the federal solar tax credit. You can find out about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Mackinaw

If you want to add solar panels to your home, one of the primary reasons why may be to lower your carbon footprint. But how much can installing solar panels actually affect the environment? Switching to clean energy for electricity instead of using nonrenewable energy is a great way to lower carbon dioxide emissions if you're concerned about Mackinaw's large level of greenhouse gas emissions. When you go solar, your carbon footprint can be lowered by about 100 pounds each year. As you can see, trading traditional energy for solar has so many other rewards outside of saving money. One of the primary ones is that you can help save the Earth too.