15 Best Solar Companies in Oswego, IL (Sep 2022 Review)

The Cost and Benefits of Solar in Oswego

We understand that for many homeowners, the decision to invest in solar comes down to installation costs. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• System size and type: Some models are more costly than others, so the one you want to get can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• Your current energy bills: Solar panels can dramatically reduce, or totally eradicate, your utility bills. In Oswego, you can save an average of $76 a month.
• Your home's orientation toward the sun: This, along with your roof configuration, affects affect how much electricity your solar panels can make.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $13,000 over 20 years with your system, too.

Solar is a valuable investment for most homeowners. You can generate your own electricity instead of paying for it from the grid and take advantage of solar incentives and rebates, all while helping the environment.

Solar Incentives in Oswego

One of the good things about installing a solar panel system is earning federal and potentially state incentives. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much your solar project cost when you file taxes, lowering the amount of taxes you owe that year. Additionally, there may be some local incentives you can benefit from too. You can find out about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Oswego

Many want to do what they can to help save the environment, which often is the primary motivation to install a solar system. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Oswego, though. In a city like Oswego where energy use is rather high, installing solar panels is a great plan for people who are worried about the state of the planet. In fact, if you install solar panels, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. If you care about the environment, you'll most likely recognize that there are many benefits of adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is worth more.