16 Best Solar Companies in Oakbrook, KY (Sep 2022 Review)

The Cost and Benefits of Solar in Oakbrook

Even though solar panels can help save you a decent chunk of change on energy over time, it's necessary to know the startup costs. Some important factors that determine the cost of installing solar panels on your home and how much it could save you over time include:

• How much energy costs for you: If your local utility rates are especially high, there's a good chance you'll get a higher return on your investment in a solar system. In Oakbrook, you can save an average of $121 a month on your electricity bills.
• Your city: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• average energy usage: The more energy your household consumes on average and the greater your current energy bills are, the more likely you'll benefit from going solar.
• The model of solar panel system you can purchase: This is dependent on how much you're willing to spend upfront.

So is a solar panel system worth it? Whether you hope to decrease your energy bills, carbon emissions or both, solar panels are a good investment for many Oakbrook homeowners.

Solar Incentives in Oakbrook

To increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make going solar more affordable and accessible. In addition to the federal tax credit incentive, there are also some state- and city-level benefits, which in most cases, stack with the federal incentive, so you get to save even more. The table below lists out the incentives you can benefit from in Oakbrook.

Environmental Impact of Switching to Solar in Oakbrook

One of the best reasons to tap into solar energy is to decrease your dependence on nonrenewable energy sources like burning fossil fuels, which are damaging for the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Oakbrook, though. If your family uses lots of energy, you can help the environment even more by switching to solar power. While solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have been responsible for if you still used traditional energy. In Oakbrook, you can reduce your carbon footprint by 80 pounds a year with solar panels. As you can see, investing in solar has so many other perks outside of saving money. One of the major ones is that you can help save the planet too.