16 Best Solar Companies in Oak Lawn, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Oak Lawn

The cost of putting up solar panels has decreased immensely over the past several years, but it's still a significant investment for most homeowners. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Incentives: Something that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save money on your utility bills, which can give you an average of $13,000 of savings over 20 years.
• Your city: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• System size and type: Some models are more pricy than others, so the one you decide on can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• How much energy you use: If your home uses a lot of energy, you'll benefit more from going solar.

Although a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on several factors, like the kind of solar panels you get and your local electricity rates.

Solar Incentives in Oak Lawn

In an effort to increase solar panel installation and usage, federal, state and local governments — and even some utility companies — offer incentives to help make solar power more financially viable and accessible. There are a lot of federal, state and local rebates and tax credits that may earn you some money in return after installing solar panels. Take a look at our article on solar incentives to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Oak Lawn

Lots of people want to do their part to help save the planet, which for many is the primary reason for installing a solar system. But you may be curious — how much exactly can you help the planet by going solar? The more power your house uses, the better off the planet will be when you switch to solar since you won't have to burn as many fossil fuels. In Oak Lawn, the average household can reduce their carbon footprint by 90 pounds a year after going solar. Since solar power is abundant and makes electricity without free from carbon dioxide emissions, installing solar panels is one easy step you can take to help protect the planet.