14 Best Solar Companies in St Charles, MO (Oct 2022 Review)

The Cost and Benefits of Solar in St Charles

While solar panels can save you a good amount of money on utility bills over time, it's important to take into consideration the upfront costs. A few main factors that determine how much it will cost to install solar panels on your home and how much money you could save over time include:

• Your home's orientation toward the sun: This, and the configuration of your roof, affects affect how much energy your solar panels can generate.
• System size and type: Some models are more pricy than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: One thing that can make your solar project cost less 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 a decent amount of money on your utility bills, which can generate an average of $15,000 of savings over 20 years.
• How much energy you use: If your family regularly uses a lot of energy, you'll see more savings from switching to solar.

As a result of solar panels decreasing in cost as well as several solar incentives, they are a solid investment for most homeowners.

Solar Incentives in St Charles

Because solar power is more sustainable than burning fossil fuels, there are quite a few government incentives available to encourage people to make the switch. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much your solar project cost when you file taxes, reducing the amount of taxes you owe that year. In addition, there may be some state and city incentives you can benefit from too. The table below gives you an idea of the incentives you can find in St Charles.

Environmental Impact of Switching to Solar in St Charles

One reason so many homeowners are considering going solar is to help bring down their environmental impact. You may be asking yourself — how much do solar panels do for the environment anyway? If your family uses a lot of energy, you can help the environment even more by switching to solar energy. Because solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good trade for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 100 pounds each year. As you can see, going solar has so many other perks apart from saving money. One of the most important ones is that you can help save the Earth too.