15 Best Solar Companies in West Dundee, IL (Aug 2022 Review)

The Cost and Benefits of Solar in West Dundee

For most homeowners, the decision to invest in solar panels boils down to the cost. There are a few factors you should take into consideration when trying to figure out how much it will cost and how much you can save, including:

• System size and type: Some models are more costly than others, so the one you decide on can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• Your energy consumption: If your family regularly uses a lot of energy, you'll reap more rewards from switching to solar.
• Incentives: One thing that can reduce the cost of 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 money on your energy bills, which can generate an average of $13,000 of savings over 20 years.
• How much energy costs for you: If your local power rates are high, there's a better chance you'll end up with a higher return on your investment in solar panels. In West Dundee, you can save an average of $75 a month on your electricity bills.

Although a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on several factors, such as the size of your solar panel system and incentives.

Solar Incentives in West Dundee

There are a lot of reasons why you should switch to solar. One of them involves some government incentives that can help save you some money. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 26% of your project costs on your tax return, lowering the amount of taxes you owe that year. Additionally, there may be some state and city incentives that can save you some extra money too. The table below gives you an idea of the incentives you can take advantage of in West Dundee.

Environmental Impact of Switching to Solar in West Dundee

An important reason so many homeowners consider adopting solar energy is to help bring down their environmental impact. But — how much exactly can you help the environment by going solar? If your family consumes lots of energy, you can impact the environment even more by switching to solar power. After you go solar, your carbon dioxide emissions can be reduced by about 90 pounds every year. The advantages of solar power are infinite — just like solar power is! That's why so many people have been happy with making the switch to solar.