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

The Cost and Benefits of Solar in Palos Heights

For lots of homeowners, whether or not to invest in solar energy boils down to the cost. There are a few factors you should take into consideration when determining costs and your potential savings, including:

• Choice of solar panels: The kind of solar panels you want will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings 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.
• How much sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar panel system won't be able to generate as much energy, which will leave you with lower savings on electricity bills than someone with a roof that gets lots of sunlight.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of your solar system installation from your federal taxes. Additionally, not including incentives, you can save about $13,000 over 20 years on your energy bills.
• How much energy you use: If your household uses a lot of energy, you'll reap more rewards from switching to solar.

Due to solar panels now being cheaper than ever as well as local and federal solar incentives, they are a sound investment for the majority of homeowners.

Solar Incentives in Palos Heights

Although solar power is typically a $15,000 to $25,000 investment, it can save you much money over many years because of lower power bills and government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of your project costs when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some local incentives that stack with the ITC too. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Palos Heights

If you're planning on adding solar panels to your home, one of the main reasons why may be to lower your reliance on nonrenewable energy. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Palos Heights, though. The average person has a sizable carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions every year, and electricity for their home, it can be overwhelming to think about what to do. Using solar power is a simple thing you can do to help. Once you go solar, your carbon footprint can be reduced by about 90 pounds each year. As you can see, investing in solar has so many other perks outside of saving money. One of the major ones is that you can help save the planet too.