15 Best Solar Companies in Wheaton, IL (Sep 2022 Review)

The Cost and Benefits of Solar in Wheaton

Even though solar panels can help save you a decent chunk of change on energy bills over time, it's important to know the startup costs. The overall price and potential savings vary depending on some key factors such as:

• Your energy consumption: If your home needs to use a lot of energy, you'll benefit more from switching to solar.
• Your home's orientation toward the sun: This, and the configuration of your roof, affects affect how much electricity your solar panels can produce.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $14,000 over the first 20 years with your solar panels, too.
• System size and type: Some models are more pricy than others, so the one you want to get can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.

There are several wonderful benefits of solar in spite of the initial cost of installation. It can help the environment and your wallet. Additionally, it can increase the value of your home, resulting in even more benefits if you decide to sell your home later.

Solar Incentives in Wheaton

In order to increase solar panel installation and usage, federal and local governments — and even some utility companies — offer incentives to help make solar more affordable and accessible. State and city solar incentive programs depend on the location and, sometimes, utility company. Many states offer rebates for home solar power systems, in addition to the federal solar tax credit. The table below shows you the incentives you can benefit from in Wheaton.

Environmental Impact of Switching to Solar in Wheaton

Swapping traditional energy for solar is a profound way to do what you can for a more eco-friendly future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Wheaton, though. In a place like Wheaton where commute times can be very long, going solar can help help reduce the carbon footprint of driving a lot. After you go solar, your carbon emissions can be cut 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.