17 Best Solar Companies in Nunda, IL (2023 Reviews)

The Cost and Benefits of Solar in Nunda

We get that for lots of homeowners, the decision to invest in solar hinges on installation costs. The overall price and potential savings vary depending on a few important factors such as:

• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can take advantage of. Additionally, you can save about $13,000 over 20 years on your utility bills, before factoring in incentives.
• The kind of solar panels you want to get: More efficient panels have higher prices, so that will influence your budget for your solar project.
• Typical energy usage: The more electricity your home uses on average and the greater your current electricity bills are, the more benefits you'll see from switching to solar.
• How much energy costs for you: The typical household in Nunda pays around $900 a year on electricity alone, so you could gain that much in savings.

Due to solar panels now being cheaper than ever as well as local and federal solar incentives, they are a worthwhile investment for many homeowners.

Solar Incentives in Nunda

Since solar power is better for the environment than burning fossil fuels, there are several government incentives in place to encourage people to make the switch. These incentives normally consist of cash rebates, tax breaks and/or performance-based incentives. They can lower how much you pay for going solar by 30%, upwards of 50% depending on your location. Take a look at our article on solar incentives to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Nunda

Going solar can have a positive effect on the environment. Something many might be thinking about is how much can they really help preserve the environment by switching to solar power anyway? The amount of energy you use is a key factor to keep in mind. The more power you use, the larger your impact when you make the switch to solar power. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good trade for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.