16 Best Solar Companies in Paris, IL (Oct 2022 Review)

The Cost and Benefits of Solar in Paris

Solar panels are powered by a free energy source — the sun — but to take advantage of this you first need to pay to set up your system. A few important factors that influence how much it will cost to install solar panels on your home and how much it could save you over time are:

• Your location: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• Electricity consumption: The average household in Paris uses a decent amount of, and as a result may save on their energy bills.
• Incentives: Something that can make your solar project cost less 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 on your utility bills, which can generate an average of $12,000 of savings over 20 years.
• Choice of solar panels: The type of solar panels you are interested in getting 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 you don't need to maximize efficiency, you can go with a higher number of more affordable panels.

So are solar panels worth it? Whether you're trying to lower your energy bills, carbon dioxide emissions or both, solar panels are a solid investment for many Paris homeowners.

Solar Incentives in Paris

Since solar power is a cleaner source of energy than fossil fuels, there are quite a few government incentives in place to encourage people to make the switch. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially pair the ITC with other state and city incentives. Check out the table below to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Paris

Lots of people want to do what they can to help the planet, which for many is the chief reason for installing solar panels. You may be trying to figure out — how much does going solar help the environment anyway? Using solar energy for electricity in place of relying on nonrenewable energy sources is an impactful way to lower your carbon footprint if you're conscious of Paris' large level of greenhouse gas emissions. In Paris, the average homeowner can lower their carbon footprint by 100 pounds a year once they go solar. The advantages of solar power are abundant — just like solar power is! That's why so many Paris residents have been happy with committing to solar.