17 Best Solar Companies in Wadsworth, IL (Sep 2022 Review)

The Cost and Benefits of Solar in Wadsworth

The cost of installing a solar panel system has gone down immensely in the past few years, but it's still a significant investment for most homeowners. There are quite a few factors you should consider when determining the overall cost and how much you can save, such as:

• How much you spend on energy: The average household in Wadsworth pays around $900 a year on power alone, so you could gain that much in savings.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of your solar system installation from your federal taxes. Plus, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• The kind of solar panels you can purchase: This is dependent on how much you're willing to invest upfront.
• average energy usage: The more energy your home consumes on average and the steeper your current energy bills are, the more benefits you'll see from making the switch to solar.

Although a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on a number of factors, such as the size of your house and your energy consumption.

Solar Incentives in Wadsworth

Adopting solar power has a lot of considerable benefits. Not only can it help protect the environment, but you can also save a good amount of money on your installation with various government incentives. Local solar incentives vary by location and, sometimes, utility company. Many states offer rebates for solar power systems, in addition to the federal solar tax credit. The table below lists out the incentives you can benefit from in Wadsworth.

Environmental Impact of Switching to Solar in Wadsworth

Making the switch to solar power is a good way to do what you can for a more eco-friendly future. You may be trying to figure out — how much does going solar help the planet anyway? Your energy usage is an important factor to think about. The more energy you use, the bigger your impact when you go solar. Because solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good alternative to traditional energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. If you want to do your part for the environment, you'll most likely recognize that there are many good things about adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is worth more.