17 Best Solar Companies in Roscoe, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Roscoe

For most homeowners, the decision to invest in solar energy comes down to the cost. The overall price and potential savings vary depending on a few key factors such as:

• The kind of solar panels you're thinking of getting: More efficient panels have higher prices, so that will affect your budget for your solar project.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of your solar system installation from your taxes. Additionally, not including incentives, you can save about $15,000 over 20 years on your energy bills.
• Your power bills: This will dictate how much you can save. In Roscoe, the average homeowner can save about $1,000 a year on their electricity bills.
• Electricity consumption: The average household in Roscoe uses a decent amount of, and so may save on their energy bills.

There are several great benefits of solar in spite of the upfront cost of installation. It can help the Earth and your bank account. Additionally, it can increase the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in Roscoe

One of the great things about installing a solar panel system is receiving federal and potentially state incentives. On top of the federal tax credit incentive, there are also some state- and city-level programs, which in almost all cases, can be claimed in addition to the federal incentive, so you can save even more. You can learn about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Roscoe

One of the most compelling reasons to use solar power is to cut your reliance on nonrenewable energy sources like burning fossil fuels, which are destructive for the environment. A question many people might be asking themselves is how much can they really help the environment by going solar anyway? If your home consumes a lot of energy, you can impact the environment even more by switching to solar power. Although solar panel manufacturing emits carbon dioxide, the panels make up for it by considerably decreasing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Roscoe, 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 outside of saving money. One of the major ones is that you can help save the Earth too.