14 Best Solar Companies in North Riverside, IL (Mar 2023 Review)

The Cost and Benefits of Solar in North Riverside

For most homeowners, the decision to invest in solar energy comes down to the cost. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can take advantage of. Additionally, you can save about $13,000 over 20 years on your utility bills, not including incentives.
• Your city: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• The kind of solar panels you can afford: This depends on how much you're willing to invest upfront.
• How much power your home consumes: Households that consume lots of energy each month may call for more solar panels and, consequently, be more costly, but will also save more on their energy bills over time.

Solar is a fruitful investment for most homeowners. You can make your own power instead of paying for it from a utility company and take advantage of solar incentives and rebates, all while helping the planet.

Solar Incentives in North Riverside

There are several reasons why you should switch to solar. One of them consists of some government incentives that can help save you some money. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of your project costs when you file taxes, lowering the amount of taxes you owe that year. Plus, there may be some local incentives that stack with the ITC too. In our article on solar incentives, you can find out about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in North Riverside

There are a few main reasons why homeowners are considering solar energy: to put more money in their bank account and to help the planet. You may be trying to figure out — how much do solar panels do for the environment anyway? The more energy you use, the the more the environment will benefit when you switch to solar as you won't have to rely on traditional energy sources as much. In North Riverside, the average homeowner can reduce their carbon footprint by 90 pounds a year once they go solar. Since solar power is abundant and generates electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help the planet.