13 Best Solar Companies in Pecatonica, IL (2023 Reviews)

The Cost and Benefits of Solar in Pecatonica

For many people, the decision of which solar installer to go with depends on total costs. Some important factors that affect the cost of installing a solar panel system on your home and how much money you could save over time are:

• Your income and budget: This shapes what model of solar panels you can purchase.
• average energy usage: The more electricity your household uses on average and the higher your current electricity bills are, the more money you could save by going solar.
• How much you spend on energy: The average family in Pecatonica shells out around $960 a year on electricity alone, so you could gain that much in savings.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $14,000 over the first 20 years with your system, too.

Thanks to solar panels decreasing in cost as well as several solar incentives, they are a cost-effective investment for many homeowners.

Solar Incentives in Pecatonica

There are several reasons why going solar is a great investment. One of them includes some government incentives that can save you money. When you install solar panels on your home, you can take advatage of the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some local incentives that you can take advantage of to further save. In our article on solar incentives, you can see the incentives you qualify for in Pecatonica.

Environmental Impact of Switching to Solar in Pecatonica

Installing solar panels can have a positive impact on the environment. But how much can switching to solar actually help the environment? Your energy usage is a significant factor to consider. The more power your home uses, the bigger your impact when you go solar. Since solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good substitute for traditional energy sources. In fact, 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 understand that there are many good things about adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is worth more.