18 Best Solar Companies in Marion, IL (Oct 2022 Review)

The Cost and Benefits of Solar in Marion

Solar panels run off a free energy source — the sun — but before you can take advantage of this you must first pay to install your system. There are several factors you should consider when trying to determine how much it will cost and how much you can save, including:

• How much sunlight your roof gets: This, plus how your roof is set up, affects affect how much energy your solar panels can produce.
• Energy consumption: Installing solar panels may be too pricey an investment for homes that don't use too much energy a month.
• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your energy bills, which can result in an average of $16,000 of savings over 20 years.
• The kind of solar panels you have the money for: This hinges on your income and budget.

Even though a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, like the size of your solar panel system and incentives.

Solar Incentives in Marion

Adopting solar power has plenty of wonderful benefits. Not only can it help preserve the environment, but you can also save some money on your installation with various government incentives. When you install a solar panel system on your home, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some local incentives that you can take advantage of to further save. In our article on solar incentives, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Marion

Installing solar panels can have a positive effect on the environment. But you may be wondering — how much exactly can you help the environment by going solar? In Marion, where the energy generation produces a lot of greenhouse gasses, going solar can have a big impact on the planet since solar power has a lower carbon footprint. Since solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good alternative to traditional energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 100 pounds each year. If you care about the environment, you'll no doubt get that there are many benefits of adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is invaluable.