Tesla Solar Roof

Solar cost is the first thing a prospective solar owner asks and it is valid! You want to know what this investment will cost you and while there is no blanket cost for a solar system due to different factors, the range for price can be from $15,000 to $60,000. Remember all Americans qualify for the 30% Federal Tax Credit for going solar & in Illinois the state pays you a direct rebate around 18 months post-solar installation. Our average solar panel client pays $35k cash for a 10kW solar system. In Illinois, after the Federal 30% Tax Credit of $10,500 plus the $13,500 state of IL rebate, our average client is only paying $11k to power their home! After the money savings from their utility bill, it takes our average Illinois client 6-7 years to pay off their system before they make money. Our Tennessee & Texas offices do not have state solar rebates.You can find the cost of your solar online in minutes using our solar calculator. We recommend using this calculator first as it’s an easy way to see if you want solar or not depending on the estimate you get.Calculate Your Solar

Solar does increase the value of your home. Studies from Zillow have shown that property values tend to increase by an average of 4.1%. Perspective homeowners are also more likely to buy a home with solar than without solar panels. Solar is becoming more and more attractive to buyers especially as energy bills are on the rise. Especially when buying a house, any cost-saving measures can be invaluable in the long run. Another study by the Lawrence Berkeley National Laboratory concludes that each kW of solar installed can raise your home value by $5,000. Our average residential solar system is 10kW, raising home value by an estimated $50,000.

When you have your solar system, you generate energy from the sun and if you generate too much, you can sell that excess solar energy back to the utility company’s energy grid. With net metering, you’ll be making money off of the energy companies that used to charge you for energy consumption. You’ll have to check your area for specifics. Some companies provide actual monetary incentives and others repay homeowners in the form of credits towards their next energy bill if an amount is due.

This is a common question when a person is approached about a solar system for their home. It could seem unnecessary or cumbersome, but there are plenty of reasons why you should consider solar for your home. One of them is how much money this saves you! Solar energy from the sun is free and is a renewable resource so you never run out of power. Whereas, utility companies use finite resources for energy such as coal and natural gas that have to be generated for power. By going solar, you can reduce energy bills by a significant percentage. Most energy companies are also raising their prices as we run out of finite resources and their mistakes cost us money! Additionally, solar is the cheapest form of energy in the world today. By going solar, all customers see a return on investment due to solar being the cheapest form of energy and it is only getting cheaper by the year!Note, the new Inflation Reduction Act increased the federal tax credit to 30% until 2032 for all Americans. For our Illinois clients, they get an additional state rebate that can be up to an extra 20-30% in rebates. By going solar in Illinois, many of our clients on average take 6-7 years to pay back the original cash investment, and after that, they are making money for the next 15-20 years by powering their home from a free source of energy, our sun.

Yes, solar can save you money! When you switch to solar, you are cutting back and in some cases cutting out your energy bill altogether! However, you will always be getting an energy bill for connection fees to the grid. On average, American households spend about $1,500 in electricity bills a year. This number is also likely to increase as utility companies continue to raise their prices as finite resources run out. Solar, however, is an infinite resource that we can harness for a cleaner world and solar will only help you save money!