16 Best Solar Companies in Northville, IL (Jan 2023 Review)

The Cost and Benefits of Solar in Northville

Solar panels run off a free energy source — the sun — but to take advantage of this you will first need to pay to install your panels. Some main factors that influence the cost of installing solar panels on your home and how much it could save you over time are:

• Your income and budget: This affects what kind of solar panels you can buy.
• Your current electric bills: Solar panels can substantially lower, or totally eliminate, your utility bills. In Northville, you can save an average of $78 a month.
• Incentives: Those who buy and install a solar energy system this year can save 30% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $14,000 on your electricity bills over 20 years not including incentives.
• Average daily sunlight: Since Northville gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which affects how much you can save on your energy bills.

Although a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on several factors, including the kind of solar panels you get and your energy consumption.

Solar Incentives in Northville

Because solar power is better for the environment than fossil fuels, there are some government incentives available to encourage its adoption. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of your project costs on your tax return, reducing the amount of taxes you owe that year. Plus, there may be some local incentives that stack with the ITC too. Our article on solar incentives goes over more detailed information on the incentives you can benefit from in Northville.

Environmental Impact of Switching to Solar in Northville

If you're thinking of adding solar panels to your home, one of the major reasons why may be to lower your carbon footprint. Something many homeowners might have in mind is how much can they really help preserve the environment by switching to solar power anyway? If your family consumes a lot of energy, you can help the environment even more by switching to solar energy. In Northville, the average household can reduce their carbon footprint by 100 pounds a year after going solar. If you care about the environment, you'll no doubt recognize that there are many benefits of adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is worth more.