15 Best Solar Companies in Morris, IL (Feb 2023 Review)

The Cost and Benefits of Solar in Morris

The cost of installing solar panels has dropped immensely in the past few years, but it's still a substantial investment for most homeowners. There are several factors you should consider when trying to determine costs and your potential savings, such as:

• Your current electric bills: Solar panels can greatly reduce, or totally get rid of, your utility bills. In Morris, you can save an average of $75 a month.
• Incentives: Tax-paying citizens who buy and install a solar energy system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $13,000 on your energy bills over 20 years without incentives.
• The kind of solar panel system you can afford: This depends on how much you're willing to spend upfront.
• Energy consumption: Installing solar panels may be too pricey an option for families that don't consume a lot of energy a month.

There are lots of great benefits of solar even with the upfront cost of installation. It can help the Earth and your wallet. Plus, it can boost the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in Morris

There are a lot of reasons why you should switch to solar. One of them involves some government incentives you can take advantage of. When you install solar panels, you become eligible to claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some regional incentives that you can take advantage of to further save. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Morris

There are lots of reasons to make the switch to solar energy, like saving on electricity bills and helping to reduce your carbon footprint. But how much can installing solar panels actually help the environment? One thing to consider is your overall carbon footprint. For example, if you spend a lot of time in the car and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. In fact, if you make the switch to solar power, you could reduce your carbon dioxide emissions by about 90 pounds each year. As you can see, investing in solar has so many other benefits apart from saving money. One of the primary ones is that you can help save the Earth too.