14 Best Solar Companies in Ofallon, IL (Oct 2022 Review)

The Cost and Benefits of Solar in Ofallon

Although solar panels can save you a decent chunk of change on energy bills over time, it's important to take into consideration the upfront costs. The cost of solar and the savings it generates vary depending on a few key factors such as:

• 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 not including incentives.
• Your location: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• How much energy costs for you: The average family in Ofallon spends around $930 a year on energy alone, so you could be looking at that much in savings.
• System size and type: Some models are more expensive 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.

So are solar panels worth it? Whether you'd like to lower your electricity costs, carbon emissions or both, solar panels are a good investment for many Ofallon homeowners.

Solar Incentives in Ofallon

Adopting solar power has lots of considerable benefits. Not only can it help protect the environment, but you can also save some money on your installation with various government incentives. In addition to the federal solar investment tax credit, there are also some local programs, which in most cases, can be claimed in addition to the federal incentive, so you get to save even more. In the table below, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Ofallon

A lot of people want to do their part for the planet, which in many cases is the main motivation to install solar panels. But how much can using solar energy instead of traditional energy actually affect the environment? The more power your family uses, the the more the environment will benefit if you switch to solar as you won't need to rely on traditional energy sources as much. Since solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 100 pounds each year. Since solar energy is abundant and makes electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help the planet.