16 Best Solar Companies in River Grove, IL (Mar 2023 Review)

The Cost and Benefits of Solar in River Grove

For lots of homeowners, whether or not you should invest in solar panels depends the most on the cost. A few important factors that determine how much it will cost to install solar panels on your home and how much it could save you over time are:

• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can benefit from. In addition, you can save about $13,000 over 20 years on your utility bills, without incentives.
• Average daily sunlight: Since River Grove gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which impacts how much you can save on your energy bills.
• How much energy costs for you: The average family in River Grove spends around $900 a year on energy alone, so you could be looking at that much in savings.
• Energy consumption: Installing solar panels may be a high-cost investment for homes that don't use a lot of energy per month.

There are lots of wonderful benefits of solar despite the upfront cost of installation. It can help the Earth and your wallet. In addition, it can boost the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in River Grove

In order to increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make switching to solar power more affordable and accessible. There are a lot of federal, state and local rebates and tax credits that let you earn anywhere from 30% to 50% of your money back after installing solar panels. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in River Grove

Installing solar panels can have a meaningful effect on the environment. But how much can using solar energy instead of traditional energy actually help the environment? No matter where you are, you can help protect the planet by switching to solar energy, but homes that consume lots of energy will have an even greater impact. Though making solar panels releases carbon dioxide emissions, the panels make up for it by greatly reducing the amount of CO2 you would have been responsible for if you still used traditional energy. In River Grove, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since energy from the sun is abundant and generates electricity without CO2 emissions, making the switch to solar power is one easy step you can take to help protect the planet.