17 Best Solar Companies in Mound, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Mound

When choosing a solar company, most homeowners or business owners care about the costs above all. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Choice of solar panels: The type of solar panels you want will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• How much you spend on energy: The typical household in Mound pays around $1,000 a year on electricity alone, so you could gain that much in savings.
• Incentives: Those 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 $16,000 on your utility bills over 20 years excluding incentives.
• Average daily sunlight: Since Mound gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much your electricity bills will be.

Solar is a rewarding investment for most homeowners. You can make your own electricity instead of paying for it from a utility company and make use of solar tax credits and rebates, all while helping protect the Earth.

Solar Incentives in Mound

Although installing solar panels is typically a big investment, it can save you a significant amount of money over time because of smaller energy bills and government incentives. In addition to the federal tax credit incentive, there are also some state- and city-level incentives, which in most cases, can be claimed in addition to the federal incentive, so you get to save even more. You can find out about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Mound

One of the best reasons to use solar energy is to minimize your dependence on nonrenewable energy sources like burning fossil fuels, which are hazardous for the environment. But how much can using solar energy instead of traditional energy actually help the environment? How much energy you use is a significant factor to consider. The more power your home uses, the larger your impact when you switch to solar energy. If you go solar, your carbon footprint can be lowered by about 100 pounds every year. Since solar power is renewable and generates electricity without free from carbon dioxide emissions, making the switch to solar power is one easy step you can take to help the environment.