11 Best Solar Companies in Wheeling, IL (Feb 2023 Review)

The Cost and Benefits of Solar in Wheeling

While solar panels can save you a good amount of money on energy bills over time, it's important to consider the startup costs. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Incentives: One thing that can save you money on your solar project 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 utility bills, which can lead to an average of $13,000 of savings over 20 years.
• Your energy bills: This will influence how much money you might save. In Wheeling, the average resident can save about $900 a year on their electricity bills.
• Average daily sunlight: Since Wheeling gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which affects how much you can save on your energy bills.
• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on a number of factors, such as the angle of your roof and incentives.

Solar Incentives in Wheeling

There are several reasons why going solar is a great investment. One of them includes some government incentives that can save you 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 30% of how much your solar project cost on your tax return, lowering the amount of taxes you owe that year. Additionally, there may be some local incentives that can save you some extra money too. Our article on solar incentives has more information on the incentives you can find in Wheeling.

Environmental Impact of Switching to Solar in Wheeling

Making the switch to solar power is a profound way to do your part for a more sustainable future. But — how much exactly can you help the planet by using solar power? The more power your household uses, the the more the environment will benefit from you switching to solar as you won't have to burn as many fossil fuels. Although solar panel production releases carbon dioxide emissions, the panels make up for it by significantly lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Wheeling, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since solar power is renewable and generates electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help the planet.