13 Best Solar Companies in Troy, IL (Jan 2023 Review)

The Cost and Benefits of Solar in Troy

We understand that for most homeowners, the decision to invest in solar hinges on installation costs. The installation cost is just one important factor you should consider when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Average daily sunlight: Since Troy gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which affects how much you can save on your energy bills.
• Your income and budget: This shapes what model of solar panels you can purchase.
• How much you spend on energy: The typical household in Troy shells out around $900 a year on energy use alone, so you could gain that much in savings.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can use. Plus, you can save about $13,000 over 20 years on your utility bills, not including incentives.

So are solar panels worth it? Whether you'd like to decrease your energy bills, carbon dioxide emissions or both, solar panels are a worthwhile investment for many Troy homeowners.

Solar Incentives in Troy

There are several reasons why you should switch to solar. One of them includes some government incentives you can take advantage of. On top of the federal tax credit incentive, there are also some local programs, which in the majority of cases, stack with the federal incentive, so you can save even more. Our article on solar incentives goes over more detailed information on the incentives you can benefit from in Troy.

Environmental Impact of Switching to Solar in Troy

There are many reasons to trade traditional energy for solar energy, like saving money on utility bills and helping to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Troy, though. Your energy usage is a key factor to keep in mind. The more power your home uses, the greater your impact when you make the switch to solar power. Though solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by greatly reducing the amount of CO2 you would have been responsible for if you still used traditional energy. In Troy, you can reduce your carbon footprint by 90 pounds a year with solar panels. As you can see, investing in solar has so many other perks apart from saving money. One of the major ones is that you can help save the Earth too.