13 Best Solar Companies in Pingree Grove, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Pingree Grove

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will need to pay to set up your system. Some key factors that dictate the cost of installing a solar panel system on your home and how much it could save you over time are:

• The cost of energy for you: If your local power rates are high, there's a good chance you'll end up with a higher return on your investment in solar panels. In Pingree Grove, you can save an average of $75 a month on your electricity bills.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can take advantage of. Additionally, you can save about $13,000 over 20 years on your utility bills, before factoring in incentives.
• How much energy your home consumes: Households that use plenty of electricity each month may require more solar panels and, consequently, be more costly, but will also save more on their energy bills over time.
• 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 to buy, the more it'll cost.

Even though a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, like the size of your house and your energy consumption.

Solar Incentives in Pingree Grove

Since solar power is better for the environment than traditional energy sources, there are various government incentives available to encourage people to make the switch. Local solar incentives depend on the location and, sometimes, utility company. A lot of states offer rebates for home solar power systems, in addition to the federal solar tax credit. Take a look at our article on solar incentives to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Pingree Grove

There are many reasons to trade traditional energy for solar energy, like saving on electricity bills and helping to lower your carbon footprint. Something many people might be wondering about is how much can they really help protect the environment by switching to solar power anyway? No matter where you are, you can help save the planet by switching to solar energy, but homes that use more energy will have a greater impact. Since solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good swap for traditional energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. As you can see, trading traditional energy for solar has so many other rewards beyond saving money. One of the major ones is that you can help save the environment too.