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

The Cost and Benefits of Solar in Shorewood

We know that for most homeowners, the choice to invest in solar rests on installation costs. There are several factors you should take into consideration when trying to figure out the overall cost and how much you can save, including:

• Your home's orientation toward the sun: This, along with your roof configuration, affects affect how much power your solar panels can generate.
• How much electricity your household consumes: Households that need plenty of power each month may need more solar panels and, as a result, more upfront cost, but will also benefit more over time.
• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save money on your energy bills, which can give you an average of $13,000 of savings over 20 years.
• Choice of solar panels: The type of solar panels you need 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 space isn't a constraint for your project, you can go with a higher number of more affordable panels.

Because of solar panels now being cheaper than ever as well as local and federal solar incentives, they are a sound investment for many homeowners.

Solar Incentives in Shorewood

One of the benefits of installing a solar panel system is receiving government incentives. There are a lot of federal, state and local rebates and tax credits that can earn you anywhere from 30% to 50% of your money back after installing solar panels. For comprehensive information about incentives for homeowners in Shorewood, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Shorewood

Installing solar panels can have a positive impact on the environment. Something many might be asking themselves is how much can they really help preserve the environment by going solar anyway? A significant thing to think about is your overall carbon footprint. For example, if you spend a lot of time driving to work, your footprint may be larger, so switching to solar energy for your home can help offset that. In Shorewood, the average homeowner can reduce their carbon footprint by 90 pounds a year once they go solar. As you can see, going solar has so many other perks apart from saving money. One of the primary ones is that you can help save the environment too.