16 Best Solar Companies in Northfield, IL (2023 Reviews)

The Cost and Benefits of Solar in Northfield

We get that for lots of homeowners, the decision to invest in solar hinges on installation costs. The cost of solar and the savings it generates vary depending on a few key factors such as:

• The model of solar panels you want: Some cost more, so that will affect your budget for your solar project.
• How much energy costs for you: If your local electricity rates are high, there's a good chance you'll have a higher return on your investment in a solar panel system. In Northfield, you can save an average of $78 a month on your electricity bills.
• Incentives: Those who purchase and install a solar energy system this year can save 30% of their overall solar costs by taking advantage of the federal solar investment tax credit. You can also save about $14,000 on your energy bills over 20 years without incentives.
• Electricity consumption: The average household in Northfield uses a decent amount of, and therefore may save on their energy bills.

Solar is a rewarding investment for most homeowners. You can generate your own electricity instead of paying for it from the grid and take advantage of solar incentives, all while helping the environment.

Solar Incentives in Northfield

Although solar power is typically a $15,000 to $25,000 investment, it can save you much money over time because of reduced power bills and government incentives. In addition to the federal solar investment tax credit, there are also some local benefits, which in the majority of cases, stack with the federal incentive, so you get to save even more. For comprehensive information about incentives for homeowners in Northfield, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Northfield

Many want to do what they can for the environment, which often is the chief reason for installing a solar system. But how much can installing solar panels actually affect the environment? The more power your house uses, the better off the planet will be if you switch to solar since you won't need to burn as many fossil fuels. While solar panel production releases carbon dioxide emissions, the panels make up for it by significantly reducing the amount of CO2 you would have produced if you still used traditional energy. In Northfield, you can reduce your carbon footprint by 90 pounds a year with solar panels. If you want to do your part for the environment, you'll most likely recognize that there are many advantages to adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is worth more.