17 Best Solar Companies in Vernon Hills, IL (Mar 2023 Review)

The Cost and Benefits of Solar in Vernon Hills

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you first need to pay to install your system. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Whether or not your roof gets a lot of direct sunlight: This, along with the configuration of your roof, affects affect how much power your solar panels can generate.
• Your home's power bills: Due to high monthly energy bills in Vernon Hills, you could save about $900 a year with solar.
• The kind of solar panels you can buy: This depends on your income and budget.
• 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 take advantage of. Plus, you can save about $14,000 over 20 years on your utility bills, not including incentives.

Because of the cost of solar panels being lower than before as well as several solar incentives, they are a worthwhile investment for many homeowners.

Solar Incentives in Vernon Hills

Switching to solar power has plenty of great benefits. Not only can it help protect the Earth, but you can also save a good amount of money on your installation with various government incentives. In addition to the federal tax credit incentive, there are also some local benefits, which in most cases, can be claimed in addition to the federal incentive, so you get to save even more. In our article on solar incentives, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Vernon Hills

There are lots of reasons to trade traditional energy for solar power, like saving money on utility bills and helping to reduce your carbon footprint. Something many might be thinking about is how much can they really help protect the environment by switching to solar power anyway? Your energy usage is an important factor to keep in mind. The more power your household consumes, the bigger your impact when you switch to solar energy. In fact, if you install solar panels, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.