18 Best Solar Companies in Geneva, WI (Mar 2023 Review)

The Cost and Benefits of Solar in Geneva

When choosing a solar company, most homeowners or business owners wonder about the costs above all. The overall price and potential savings vary depending on some key factors such as:

• How much you spend on energy: The average family in Geneva pays around $1,500 a year on energy use alone, so you could gain that much in savings.
• Typical energy usage: The more power your home consumes on average and the higher your current power bills are, the more money you could save by going solar.
• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can take advantage of. Additionally, you can save about $19,000 over 20 years on your utility bills, before factoring in incentives.

Because of solar panels now being cheaper than ever as well as local and federal solar incentives, they are a sound investment for most homeowners.

Solar Incentives in Geneva

Because solar power is better for the environment than traditional energy sources, there are some government incentives in place to encourage people to make the switch. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much your solar project cost on your tax return, reducing the amount of taxes you owe that year. Plus, there may be some state and city incentives that can save you some extra money too. For comprehensive information about local incentives, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Geneva

There are tons of reasons to trade traditional energy for solar power, like saving some money on electricity bills and helping to reduce your carbon footprint. A question many people might be wondering about is how much can they really help the environment by going solar anyway? Switching to green energy for electricity instead of burning fossil fuels is a good way to reduce carbon dioxide emissions if you're worried about Geneva's sizable level of greenhouse gas emissions. Even though making solar panels emits carbon dioxide, the panels make up for it by significantly reducing the amount of CO2 you would have produced if you still used traditional energy. In Geneva, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since solar power is plentiful and generates electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help the planet.