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

The Cost and Benefits of Solar in Midlothian

For most homeowners, whether or not to invest in solar panels comes down to the cost. The cost of solar and the savings it generates vary depending on a few key factors such as:

• The amount of sunlight your roof gets: Due to Midlothian's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can take advantage of. In addition, you can save about $13,000 over 20 years on your utility bills, before factoring in incentives.
• System size and type: Some models are more expensive than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• How much electricity your home consumes: Homes that use a lot of electricity each month may need more solar panels and, consequently, more upfront cost, but will also benefit more over time.

Solar is a valuable investment for most homeowners. You can make your own electricity instead of paying for it from the grid and take advantage of solar incentives, all while helping protect the planet.

Solar Incentives in Midlothian

One of the benefits of installing a solar panel system is receiving incentives from the government. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly use the ITC with other local incentives. Check out our article on solar incentives to see what incentives are available to you.

Environmental Impact of Switching to Solar in Midlothian

One of the most compelling reasons to embrace solar energy is to decrease your dependence on traditional energy sources like burning fossil fuels, which are destructive for the environment. But you may be wondering — how much exactly can you help the environment by using solar power? The average person has a considerable carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions each year, and energy for their home, it can be overwhelming to figure out what to do. Installing solar panels is a simple thing you can do to help. In fact, if you install solar panels, you could reduce your carbon dioxide emissions by about 90 pounds each year. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.