15 Best Solar Companies in West Chicago, IL (Mar 2023 Review)

The Cost and Benefits of Solar in West Chicago

We know that for most homeowners, the choice to invest in solar comes down to installation costs. There are several factors you should consider when trying to determine how much it will cost and how much you can save, including:

• The amount of sunlight your home gets: Because of West Chicago's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall 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 $17,000 over the first 20 years with your solar panels, too.
• System size and type: Some models are more expensive than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• The cost of electricity in your area: If your local electricity rates are quite high, there's a good chance you'll get a higher return on your investment in a solar panel system. In West Chicago, you can save an average of $96 a month on your electricity bills.

Though a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on a number of factors, like the kind of solar panels you get and your local electricity rates.

Solar Incentives in West Chicago

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a substantial amount of money over several years because of smaller utility bills and government incentives. There are quite a few federal, state and local rebates and tax credits that can earn you some money back after paying for solar panels. In our article on solar incentives, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in West Chicago

Switching to solar energy can have a positive effect on the environment. A question many might be thinking about is how much can they really help preserve the environment by switching to solar power anyway? How much energy you use is a significant factor to keep in mind. The more power your home uses, the greater your impact when you make the switch to solar power. When you go solar, your carbon emissions can be reduced by about 90 pounds a year. For people who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.