15 Best Solar Companies in Salem, IL (Feb 2023 Review)

The Cost and Benefits of Solar in Salem

For most homeowners, the decision to invest in solar panels boils down to the cost. The cost and possible savings vary depending on some key factors such as:

• Your power bills: This will determine how much you can save. In Salem, the average resident can save about $990 a year on their electricity bills.
• Average daily sunlight: Since Salem 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 your solar panels can save you on your electricity bills.
• Incentives: Something that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can generate an average of $15,000 of savings over 20 years.
• Your energy consumption: If your home uses a lot of energy, you'll benefit more from installing solar panels.

Solar is a fruitful investment for most homeowners. You can make your own power instead of paying for it from the grid and benefit from solar tax credits and rebates, all while helping preserve the environment.

Solar Incentives in Salem

Because solar power is more sustainable than fossil fuels, there are some government incentives in place to encourage its adoption. These incentives normally take the form of cash rebates, tax credits and/or solar renewable energy credits. They can cut how much you pay for installing solar panels by 30%, upwards of 50% depending on your location. For more information about incentives that apply to you, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Salem

One reason so many people are thinking of installing solar panels is to help lower their environmental impact. A question many homeowners might be thinking about is how much can they really help the environment by switching to solar power anyway? Using renewable energy for electricity rather than using nonrenewable energy is a good way to lower your carbon footprint if you're worried about Salem's large level of greenhouse gas emissions. In Salem, the average person can lower their carbon footprint by 100 pounds a year once they go solar. Since solar power is renewable and generates electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help preserve the planet.