18 Best Solar Companies in Springfield, IL (Oct 2022 Review)

The Cost and Benefits of Solar in Springfield

When choosing a solar company, most homeowners or business owners think about the costs above all. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Your income and budget: This guides what kind of solar panels you can buy.
• How much power your household consumes: Homes that need lots of energy each month may need more solar panels and, as a result, more upfront cost, but will also save more on their energy bills over time.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and city may also have various incentives that you can take advantage of. In addition, you can save about $16,000 over 20 years on your utility bills, before factoring in incentives.
• Average daily sunlight: Since Springfield 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.

Solar is a fruitful investment for most homeowners. You can generate your own power instead of paying for it from a utility company and benefit from solar incentives, all while helping the environment.

Solar Incentives in Springfield

Although a solar power system is typically a big investment, it can save you a lot of money over many years because of reduced energy bills and government incentives. These incentives typically consist of cash rebates, tax breaks and/or performance-based incentives. They can cut the cost you pay for going solar by 26 to 50% in some cases. In the table below, you can find out about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Springfield

There are a few key reasons why homeowners are considering solar energy: for the good of their bank accounts and the planet. But how much can using solar energy instead of traditional energy actually help the environment? For homeowners who are concerned about global warming, using solar power is a no-brainer, especially since Springfield produces a very high amount of carbon dioxide emissions from its energy generation. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good substitute for traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 100 pounds each year. If you want to do what you can for the environment, you'll no doubt find that there are many advantages to adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is worth more.