15 Best Solar Companies in West Deerfield, IL (Jan 2023 Review)

The Cost and Benefits of Solar in West Deerfield

For many people, the decision of which solar installer to go with depends on pricing. There are a few factors you should consider when determining how much it will cost and how much you can save, including:

• How much you spend on energy: The typical household in West Deerfield shells out around $900 a year on power alone, so you could end up with that much in savings.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your power bills, which can give you an average of $14,000 of savings over 20 years.
• Energy consumption: Solar may be an expensive option for families that don't use too much energy per month.
• The kind of solar panels you can buy: This is dependent on your income and budget.

Although a solar panel system costs a good 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 several factors, like the size of your solar panel system and your local electricity rates.

Solar Incentives in West Deerfield

In order to increase the number of homes and businesses that use solar power, federal, state and local governments — and even some utility companies — offer incentives to help make solar more economically viable and accessible. These incentives typically consist of cash rebates, tax breaks and/or performance-based incentives. They can cut the cost of going solar by 30%, upwards of 50% depending on where you live. For comprehensive information about incentives for homeowners in West Deerfield, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in West Deerfield

Many want to do what they can for the environment, which often is the primary motivation to install a solar system. You may be asking yourself — how much do solar panels do for the environment anyway? Everyone can help the environment by switching to solar energy, but homes that use lots of energy will have an even greater impact. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. As you can see, investing in solar has so many other perks outside of saving money. One of the most important ones is that you can help save the planet too.