11 Best Solar Companies in Proviso, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Proviso

Even though solar panels can help save you a good amount of money on energy bills over time, it's important to consider the upfront costs. The overall price and potential savings vary depending on some important factors such as:

• Incentives: The federal solar investment tax credit, which can save you some money, lets you 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.
• The kind of solar panel system you can purchase: This depends on what your budget is.
• Where your home is: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• The cost of energy for you: If your local utility rates are high, there's a better chance you'll end up with a higher return on your investment in solar panels. In Proviso, you can save an average of $75 a month on your electricity bills.

So is a solar system worth it? Whether you're trying to reduce your electric bills, greenhouse gas emissions or both, solar panels are a great investment for many Proviso homeowners.

Solar Incentives in Proviso

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a considerable amount of money over the lifespan of your solar panels due to smaller utility bills and government incentives. When you install solar panels on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some state and city incentives that you can use to further cut back on the cost of solar of solar panels. Take a look at our article on solar incentives to see what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Proviso

A lot of people want to do their part to help the environment, which in many cases is the chief reason they're interested in installing solar panels. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Proviso, though. The amount of energy you use is an important factor to consider. The more electricity your home uses, the larger your impact when you go solar. Since solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good substitute for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. As you can see, going solar has so many other rewards outside of saving money. One of the main ones is that you can help save the environment too.