16 Best Solar Companies in South Holland, IL (Jan 2023 Review)

The Cost and Benefits of Solar in South Holland

We know that for most homeowners, the decision to invest in solar hinges on installation costs. The cost of solar and the savings it generates vary depending on some key factors such as:

• System size and type: Some models are more costly than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• 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 power bills, which can lead to an average of $13,000 of savings over 20 years.
• Where your home is: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• The cost of energy for you: If your local utility rates are high, there's a good chance you'll have a higher return on your investment in a solar panel system. In South Holland, you can save an average of $75 a month on your electricity bills.

So is installing solar panels worth it? Whether you're trying to decrease your energy bills, greenhouse gas emissions or both, solar panels are a great investment for many South Holland homeowners.

Solar Incentives in South Holland

Although installing solar panels is typically a big investment, it can save you much money over many years because of reduced utility bills and government incentives. When you install solar panels on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. In addition, there may often be some state and city incentives that you can take advantage of to further save. Our article on solar incentives has more detailed information on the incentives you can take advantage of in South Holland.

Environmental Impact of Switching to Solar in South Holland

Swapping traditional energy for solar is a great way to do what you can for a more eco-friendly future. But you may be curious — how much exactly can you help the environment by making the switch to solar? How much energy you use is a key factor to think about. The more electricity your home uses, the larger your impact when you make the switch to solar power. Although making solar panels emits carbon dioxide, the panels make up for it by significantly decreasing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In South Holland, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since energy from the sun is abundant and produces electricity without CO2 emissions, making the switch to solar power is one easy step you can take to help the environment.