18 Best Solar Companies in Milan, IL (Sep 2022 Review)

The Cost and Benefits of Solar in Milan

Even though solar panels can save you money on utility bills over time, it's important to take into consideration the upfront costs. The cost and possible savings vary depending on some key factors such as:

• Incentives: Those who purchase and install a solar energy system this year can save 30% of their total solar spend by using the federal solar investment tax credit. You can also save about $12,000 on your utility bills over 20 years excluding incentives.
• The type of solar panel system you can buy: This is dependent on how much you're willing to invest upfront.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panels won't be able to generate as much energy, which will give you lower savings on electric bills than a house with a roof that gets plenty of sunlight.
• How much power your household needs: If your family regularly uses a lot of energy, you'll benefit more from switching to solar.

Though a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on a number of factors, like the size of your house and your current power bills.

Solar Incentives in Milan

Because solar power is a cleaner source of energy than traditional energy sources, there are a number of government incentives available to encourage its adoption. These incentives usually include cash rebates, tax benefits and/or performance-based incentives. They can cut how much you end up spending on going solar by 26 to 50% in some cases. The table below shows you the incentives you can find in Milan.

Environmental Impact of Switching to Solar in Milan

Many want to do what they can to help protect the planet, which often is the primary reason for installing a solar system. Something many people might be wondering about is how much can they really help the environment by going solar anyway? Going solar is a sustainable choice for the environment, because the greatest source of greenhouse gas emissions in the nation is from burning fossil fuels for electricity, heat, and transportation — all of which can be powered by solar instead. When you go solar, your carbon footprint can be lowered by about 90 pounds a year. Since solar power is plentiful and makes electricity without CO2 emissions, making the switch to solar power is one easy step you can take to help preserve the environment.