14 Best Solar Companies in Middleport, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Middleport

We get that for most homeowners, the choice to invest in solar comes down to installation costs. The overall price and potential savings vary depending on some key factors such as:

• The model of solar panels you can purchase: This depends on what your budget is.
• Where your home is: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your 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 $15,000 over 20 years with your solar panels, too.
• Electricity consumption: The average household in Middleport uses a decent amount of, and so may save on their energy bills.

Although a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on several factors, like the angle of your roof and your local electricity rates.

Solar Incentives in Middleport

In order to increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make switching to solar power more financially viable and accessible. When you install solar panels, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. In addition, there are often some local incentives that you can use to further cut back on the cost of solar of solar panels. Our article on solar incentives goes over more in-depth information on the incentives you can find in Middleport.

Environmental Impact of Switching to Solar in Middleport

A lot of people want to do what they can to help the planet, which often is the primary motivation to install solar panels. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Middleport, though. In Middleport, where the energy generation produces a lot of greenhouse gasses, going solar can have a significant impact on the environment since solar power has a lower carbon footprint. In Middleport, the average person can lower their carbon footprint by 100 pounds a year once they go solar. The benefits of solar power are plentiful — just like solar power is! That's why so many Middleport residents have been happy with using solar energy.