17 Best Solar Companies in Rock Island, IL (Feb 2023 Review)

The Cost and Benefits of Solar in Rock Island

Although solar panels can save you money on electricity bills over time, it's necessary to take into consideration the startup costs. The cost and possible savings vary depending on some key factors such as:

• Your energy bills: This will dictate how much money you might save. In Rock Island, the average homeowner can save about $790 a year on their electricity bills.
• Your energy consumption: If your family regularly uses a lot of energy, you'll benefit more from installing solar panels.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of your solar system installation from your taxes. Additionally, not including incentives, you can save about $12,000 over 20 years on your energy bills.
• Choice of solar panels: The type of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.

Thanks to solar panels decreasing in cost as well as local and federal solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Rock Island

If you're considering switching to solar power, several government incentives and subsidies can drastically reduce the cost of the project and speed up the return on your investment. These incentives typically include cash rebates, tax breaks and/or solar renewable energy credits. They can cut the cost you pay for installing solar panels by 30%, upwards of 50% depending on where you live. In our article on solar incentives, you can find out about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Rock Island

A lot of people want to do what they can to help protect the planet, which in many cases is the prime reason for installing a solar system. A question many homeowners might be thinking about is how much can they really help save the environment by switching to solar power anyway? In a city like Rock Island where commute times can be long sometimes, installing solar panels can help offset some of your carbon dioxide emissions from driving. While making solar panels releases carbon dioxide emissions, the panels make up for it by significantly lowering the amount of CO2 you would have released if you still used nonrenewable energy. In Rock Island, you can reduce your carbon footprint by 90 pounds a year with solar panels. As you can see, going solar has so many other rewards beyond saving money. One of the primary ones is that you can help save the planet too.