11 Best Solar Companies in Stookey, IL (Feb 2023 Review)

The Cost and Benefits of Solar in Stookey

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you must first pay to install your system. The cost and possible savings vary depending on a few important factors such as:

• How much electricity your household consumes: Homes that consume a lot of power each month may need more solar panels and, consequently, be more costly, but will also benefit more over time.
• Your income and budget: This guides what kind of solar panels you can afford.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $15,000 over the first 20 years with your solar system, too.
• Average daily sunlight: Since Stookey gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which impacts how much you can save on your energy bills.

So are solar panels worth it? Whether you want to reduce your electricity costs, greenhouse gas emissions or both, solar panels are a good investment for many Stookey homeowners.

Solar Incentives in Stookey

There are lots of reasons why adopting solar power is beneficial. One of them consists of some government incentives that can help save you some money. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much you paid for your solar installation when you file taxes, lowering the amount of taxes you owe that year. Plus, there may be some local incentives you can benefit from too. You can find out about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Stookey

Lots of people want to do their part to help save the planet, which often is the primary reason for installing a solar system. But you may be wondering — how much exactly can you help the planet by making the switch to solar? Your energy usage is a key factor to keep in mind. The more electricity your household consumes, the bigger your impact when you switch to solar energy. Since solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good alternative to traditional energy sources. In fact, you could be looking at reducing 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 recognize that there are many benefits of adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is more valuable.