15 Best Solar Companies in Oswego, IL (Feb 2023 Review)

The Cost and Benefits of Solar in Oswego

The cost of putting up solar panels has dropped greatly over the past several years, but it's still a substantial investment for most homeowners. Some important things that affect the cost and possible savings include:

• How much sunlight your roof gets: This, and how your roof is set up, affects affect how much energy your solar panels can make.
• Incentives: One thing that can reduce the cost of 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 a decent amount of money on your power bills, which can result in an average of $13,000 of savings over 20 years.
• Typical energy usage: The more power your household consumes on average and the greater your current power bills are, the more likely you'll benefit from switching to solar.
• Choice of solar panels: The kind of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.

So is a solar system worth it? Whether you're trying to lower your electric bills, greenhouse gas emissions or both, solar panels are a solid investment for many Oswego homeowners.

Solar Incentives in Oswego

To increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make solar more economical and accessible. 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. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Oswego

One of the most compelling reasons to use solar energy is to reduce your reliance on nonrenewable energy sources like burning fossil fuels, which are damaging for the environment. You may be curious — how much do solar panels do for the environment anyway? The more power your house uses, the better off the planet will be from you switching to solar since you won't need to use as much nonrenewable energy. After you go solar, your carbon emissions can be reduced by about 90 pounds every year. The great things about solar power are abundant — just like solar power is! That's why so many Oswego residents have been happy with committing to solar.