13 Best Solar Companies in St Joseph, IL (Mar 2023 Review)

The Cost and Benefits of Solar in St Joseph

When deciding on a solar company, most homeowners or business owners wonder about the costs the most. There are several factors you should take into consideration when determining costs and your potential savings, such as:

• Incentives: One thing that can make your solar project cost less 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 give you an average of $15,000 of savings over 20 years.
• How much energy costs for you: The average family in St Joseph spends around $1,000 a year on energy use alone, so you could be looking at that much in savings.
• System size and type: Some models are more pricy than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• The amount of sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar panel system won't be able to produce as much energy, which will give you lower savings on energy bills than someone with a roof that gets a lot of sunlight.

There are lots of good benefits of solar in spite of the initial cost of installation. It can help the planet and your finances. Additionally, it can boost the value of your home, resulting in even more benefits if you decide to sell your home later.

Solar Incentives in St Joseph

There are many reasons why going solar is a great investment. One of them includes some government incentives that can help save you some money. When you install a solar panel system on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Plus, there may often be some regional incentives that you can take advantage of to further save. Our article on solar incentives goes over more detailed information on the incentives you can take advantage of in St Joseph.

Environmental Impact of Switching to Solar in St Joseph

Many want to do their part for the planet, which often is the primary motivation to install solar panels. You may be trying to figure out — how much does going solar do for the planet anyway? If your family uses a lot of energy, you can have an even greater impact on the planet by switching to solar energy. When you go solar, your carbon footprint can be reduced by about 100 pounds every year. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.