17 Best Solar Companies in Woodridge, IL (Sep 2022 Review)

The Cost and Benefits of Solar in Woodridge

Even though solar panels can help save you a good amount of money on electricity bills over time, it's necessary to know the startup costs. Some significant things that impact the upfront cost and potential savings over time include:

• Your income and budget: This shapes what model of solar panels you can afford.
• Incentives: Tax-paying citizens who purchase and install a solar system this year can save 30% of their total solar spend by using the federal solar investment tax credit. You can also save about $14,000 on your utility bills over 20 years excluding incentives.
• Your home's orientation toward the sun: This, plus how your roof is set up, affects affect how much electricity your solar panels can generate.
• Typical energy usage: The more energy your home consumes on average and the larger your current energy bills are, the more benefits you'll see from switching to solar.

Due to the cost of solar panels being lower than before as well as local and federal solar incentives, they are a sound investment for the majority of homeowners.

Solar Incentives in Woodridge

One of the benefits of installing a solar panel system is earning federal and potentially state incentives. In addition to the federal tax credit incentive, there are also some state- and city-level incentives, which in most cases, stack with the federal incentive, so you can save even more. Take a look at the table below to see what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Woodridge

One of the most compelling reasons to tap into solar energy is to decrease your reliance on nonrenewable energy sources like burning fossil fuels, which are damaging for the environment. You may be asking yourself — how much does going solar do for the environment anyway? Using green energy for electricity rather than relying on nonrenewable energy sources is a great way to reduce your carbon footprint if you're worried about Woodridge's sizable level of greenhouse gas emissions. Since solar panels don't release greenhouse gas 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. Since solar energy is abundant and generates electricity without CO2 emissions, adding solar panels to your home is one easy step you can take to help protect the planet.