16 Best Solar Companies in Mattoon, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Mattoon

When choosing a solar company, most homeowners or business owners wonder about the costs the most. Some important things that affect how much it will cost and how much you could save include:

• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of installing your solar panel system from your taxes. In addition, not including incentives, you can save about $16,000 over 20 years on your energy bills.
• Electricity consumption: The average home in Mattoon uses a decent amount of, and as a result may save on their energy bills.
• Average daily sunlight: Since Mattoon gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which impacts how much your solar panels can save you on your electricity bills.
• System size and type: Some models are more pricy than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.

Though a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on several factors, such as the kind of solar panels you get and your local electricity rates.

Solar Incentives in Mattoon

If you're thinking about switching to solar power, a variety of government incentives and state programs can drastically bring down the cost of the project and speed up the return on your investment. When you install a solar panel system on your house, 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 are often some local incentives that you can use to further save. Take a look at our article on solar incentives to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Mattoon

One of the reasons so many are thinking of switching to solar power is to help reduce their environmental impact. A question many homeowners might be asking themselves is how much can they really help protect the environment by switching to solar power anyway? In Mattoon, where the energy generation produces a lot of greenhouse gasses, going solar can have a huge impact on the environment since solar power has a lower carbon footprint. Although making solar panels emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have released if you still used nonrenewable energy. In Mattoon, you can reduce your carbon footprint by 100 pounds a year with solar panels. For homeowners who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.