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Affordable Solar: Is It Real?

by Kelly Anderson, on Apr 15, 2020 12:51:43 PM

Affordable-Solar-Rockford-ILHow you can save on your monthly energy bill

There's never been a better time to take account of your monthly expenses. One that you might take for granted is your monthly energy bill. After all, you can't enjoy your home without power, right? But lowering your energy costs can have a significant impact on your pocketbook. Among the easiest ways to lower your monthly payments is by going solar. Of course, it can seem like a substantial investment. Is affordable solar an option? The answer may surprise you. Keep reading for more.

See Also: Solar Leasing vs. Owning: Which Is Right for You?

How Can You Save with Solar?

Switching to solar can seem overwhelming. The average system costs $15,000 and, depending on the size of your home, you could end up with a system that costs even more. So, how can it be a money-saving alternative to paying your monthly energy bill?

Thanks to a host of incentives from local and state governments, you can drastically reduce the cost of your system. The ITC offers a tax credit up to 26-percent of the cost of your system. SRECs offer credits based on the amount of power you generate. And Illinois net-metering will pay for excess energy that your system makes. All of these incentives go toward paying for your system.

And once you invest in a solar system, your monthly financing bill will replace your energy bill. So, you’ll be operating and paying less than your current energy bill, while also paying toward a system that you’ll eventually own.

That means you’ll also add value to your property; up to four-percent is the national average! And thanks to solar property tax laws, you’ll get to continue paying taxes based on the current value of your home, rather than the new, increased value.

There has never been a better time for Illinois homeowners to make the switch to solar. If you want to replace your monthly energy bill with a system that will cost less and will add value to your home, you can’t go wrong with solar.

Work with a Local Professional

At Summit Solar, we want to help you achieve your solar goals. Our sleek, black panel systems look great on your roof, while also providing solar energy for your home.

And if we can’t save you money with solar, we won’t pressure you into buying a system from us. Our comprehensive shading analysis will provide accurate readings of how much sun your home gets throughout the year, and how much you could potentially save. You won’t have to commit to a system before having all the information you need to make the right choice.

If you want to work with a local, established installer, click here or give us a call at 888-884-3557 today!

Topics:SRECNet MeteringITC

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