13 Best Solar Companies in Virden, IL (Feb 2023 Review)

The Cost and Benefits of Solar in Virden

Solar panels run off a free energy source — the sun — but to take advantage of this you will first need to pay to set up your panels. Some significant things that affect the cost and possible savings include:

• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Your location: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• Your energy bills: This will affect your savings. In Virden, the average homeowner can save about $1,000 a year on their electricity bills.
• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save on your utility bills, which can generate an average of $15,000 of savings over 20 years.

Solar is a profitable investment for most homeowners. You can produce your own electricity instead of paying for it from the grid and take advantage of solar incentives, all while helping preserve the environment.

Solar Incentives in Virden

Although installing solar panels is typically a large investment, it can save you a considerable amount of money over the lifespan of your solar panels due to lower power bills and government incentives. State and city solar incentive programs vary by location and, sometimes, utility company. Many states offer rebates for solar panels, in addition to the federal solar tax credit. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Virden

An important reason so many homeowners consider going solar is to help lower their environmental impact. A question many might be asking themselves is how much can they really help save the environment by switching to solar power anyway? The more power your family uses, the better off the planet will be when you switch to solar since you won't have to burn as many fossil fuels. In fact, if you install solar panels, you could expect to reduce your carbon dioxide emissions by about 100 pounds each year. As you can see, going solar has so many other perks besides saving money. One of the main ones is that you can help save the environment too.