11 Best Solar Companies in Posen, IL (Feb 2023 Review)

The Cost and Benefits of Solar in Posen

We get that for many homeowners, the choice to invest in solar hinges on installation costs. The installation cost is just one important factor you should consider 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 expensive 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.
• Average daily sunlight: Since Posen gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which influences how much your solar panels can save you on your electricity 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 money on your utility bills, which can result in an average of $13,000 of savings over 20 years.
• Energy consumption: Installing a solar system may be too pricey an option for households that don't consume too much energy a month.

Due to the cost of solar panels being lower than before as well as several solar incentives, they are a sound investment for many homeowners.

Solar Incentives in Posen

Although installing solar panels is typically a large investment, it can save you much money over many years due to reduced energy bills and government incentives. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially stack the ITC with other state and city incentives. For more information about incentives for homeowners in Posen, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Posen

One of the best reasons to embrace solar energy is to minimize your reliance on traditional energy sources like burning fossil fuels, which are damaging for the environment. But how much can switching to solar actually help the environment? An important thing to keep in mind is your overall carbon footprint. For example, if your commute is very long, your footprint may be larger, so adopting solar energy for your house can help offset that. In fact, if you make the switch to solar power, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.