12 Best Solar Companies in Milton, IL (Feb 2023 Review)

The Cost and Benefits of Solar in Milton

We know that for most homeowners, the decision to invest in solar rests on installation costs. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar panels won't be able to produce as much energy, which will leave you with lower savings on electric bills than a roof that gets lots of sunlight.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 30% of their installation costs by using the federal solar investment tax credit. You can also save about $13,000 on your energy bills over 20 years excluding incentives.
• System size and type: Some models are more expensive than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• How much electricity your home consumes: Homes that use plenty of power each month may need more solar panels and, consequently, be more expensive, but will also benefit more over time.

There are lots of good benefits of solar in spite of the initial cost of installation. It can help the planet and your finances. Additionally, it can boost the value of your home, leading to even more benefits if you decide to sell your home later.

Solar Incentives in Milton

In an effort to increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make solar power more affordable and accessible. When you install solar panels on your house, you can claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some local incentives that you can benefit from to further cut back on the cost of solar of solar panels. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Milton

Lots of people want to do their part to help the planet, which in many cases is the chief reason for installing a solar system. But how much can switching to solar actually help the environment? In a city like Milton where energy use is rather high, making the switch to solar power is a great idea for those who want to do their part for the environment. If you go solar, your carbon emissions can be cut by about 90 pounds every year. If you want to do what you can for the environment, you'll most likely find that there are many good things about adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is invaluable.