18 Best Solar Companies in Naperville, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Naperville

For the majority of homeowners, whether or not you should invest in solar energy depends the most on the cost. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• The type of solar panels you can afford: This is dependent on what your budget is.
• How much you spend on energy: If your local power rates are high, there's a good chance you'll get a higher return on your investment in solar panels. In Naperville, you can save an average of $79 a month on your electricity bills.
• Incentives: Something that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your power bills, which can give you an average of $14,000 of savings over 20 years.
• Your location: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.

There are many great benefits of solar despite the upfront cost of installation. It can help the planet and your bank account. In addition, it can raise the value of your home, giving you even more benefits if you want to sell your home later.

Solar Incentives in Naperville

If you're planning on switching to solar energy, a variety of government incentives and state programs can immensely bring down the cost of the project and expedite the return on your investment. On top of the federal solar investment tax credit, 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 Naperville

One reason so many homeowners are thinking of switching to solar power is to help lower their environmental impact. A question many people might be thinking about is how much can they really help protect the environment by going solar anyway? The more energy your household uses, the the more the environment will benefit from you switching to solar as you won't have to rely on traditional energy sources as much. In Naperville, the average person can lower their carbon footprint by 90 pounds a year after going solar. For people who care about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.