13 Best Solar Companies in Rantoul, IL (Jan 2023 Review)

The Cost and Benefits of Solar in Rantoul

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will first need to pay to install your system. Some important things that determine the upfront cost and potential savings over time include:

• Electricity consumption: The average household in Rantoul uses a decent amount of, and consequently may save on their energy bills.
• Choice of solar panels: The type of solar panels you choose 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 opt for a higher number of more affordable panels.
• How much sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar panel system won't be able to make as much energy, which will leave you with lower savings on electricity bills than a house with a roof that gets lots of sunlight.
• Incentives: Those who install a solar system this year can save 30% of their installation costs by using the federal solar investment tax credit. You can also save about $16,000 on your electricity bills over 20 years without incentives.

Because of the cost of solar panels being lower than before as well as local and federal solar incentives, they are a sound investment for the majority of homeowners.

Solar Incentives in Rantoul

Because solar power is more sustainable than burning fossil fuels, there are quite a few government incentives in place to encourage its adoption. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of your project costs on your tax return, lowering the amount of taxes you owe that year. In addition, there may be some local incentives that stack with the ITC too. Our article on solar incentives has more in-depth information on the incentives you can take advantage of in Rantoul.

Environmental Impact of Switching to Solar in Rantoul

There are a few key reasons why many people are considering solar energy: for the good of their bank accounts and the planet. But you may be wondering — how much exactly can you help the planet by making the switch to solar? Switching to renewable energy for electricity rather than relying on nonrenewable energy sources is a good way to lower your carbon footprint if you're worried about Rantoul's large level of greenhouse gas emissions. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good substitute for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 100 pounds each year. The advantages of solar power are abundant — just like solar power is! That's why so many people have been happy with committing to solar.