Home solar power in Naperville is expected to dramatically expand by 2025 thanks to a strong renewable portfolio standard for Illinois. If you’re interested in the benefits of solar energy for your home, finding the right solar installer in Illinois may be overwhelming, but Sunpro Solar, a top rated solar company in the nation has you covered. Sunpro Solar has a reputation for providing quality service since 2008 and in 2020 Solar Power World ranked Sunpro Solar #2 for Top Residential Solar Installer in the United States.
Going Solar in Naperville
Here are the top reasons solar panels are worth it in Naperville, Illinois.
1. Reduce or eliminate your monthly electric bills.
If you live in the Chicago-Naperville area, one thing you may not be aware of is that electricity costs are actually 5.8 percent more than the nationwide average cost. This adds up over time, making Illinois residents a great candidate for solar energy alternatives.
In fact, Illinois has the nation’s 17th highest electricity prices. Switching to solar energy stops you from relying so heavily on your utility company, and can reduce or eliminate your monthly bill regardless of their energy price hikes in the future. For this reason alone, switching to solar energy can be a worthwhile investment. Talk to a Solar Sales Specialist to go over the specifics of your situation to see how solar panels are worth the investment on your home in Naperville.
Source: U.S. Bureau of Labor Statistics
2. Offset your carbon footprint.
Renewable energy produces no waste in the air, oceans or land, unlike harmful oil and gas. The state of Illinois is on board with helping to save the environment. According to Illinois’ renewable portfolio standard, the state will be required to generate 25% of their energy from renewable sources by 2025 (SEIA).
You can be ahead of the curve and switch to solar before the federal tax credit goes away.
3. Solar technology advancements.
The solar technology field has made huge advancements over the last few decades making it more reliable, affordable and more appealing than ever. Whether it’s the new sleek black LG panels, or the Tesla Powerwall battery storage, you can be sure you’re getting the latest in solar technology. Choosing a solar installer who only uses the latest technology with the most reputable brands will give you peace of mind in your investment. Sunpro Solar only uses LG, Enphase and Tesla, companies that are all leaders in the field of solar.
4. Illinois is an expanding solar market.
According, to SEIA, the amount of solar capacity installed in Illinois is expected to grow by more than 1,700% over the next five years. This is due to Illinois’ aggressive renewable energy policies, federal and state incentives, and homeowners like you understanding the benefits of going solar.
5. Take advantage of solar incentives and tax credits.
Illinois has state-wide solar programs that make the investment of going solar worthwhile. Take advantage of local utility rebates, the 26% federal tax credit and net metering. Curious what solar incentives are available for Illinois residents? Let’s take a look at that in our next section.
Naperville Solar Rebates and Tax Incentives
There are several incentives available for going solar if you live in Illinois. In addition to Sunpro Solar’s 25 year labor warranty and production guarantees, there are also great federal, state and local incentives for going solar, including:
- 26% Federal Solar Tax Credit
- Property Tax Exemption
- Illinois Net Metering
- Solar Renewable Energy Credits
- City of Naperville Utility Rebate
Federal Solar Investment Tax Credit (ITC)
One of the best ways to get your solar panels is to take advantage of the 26% Federal Solar tax credit. Because the federal government knows just how important renewable energy is, they’ve implemented this incentive to encourage people to switch to solar. By taking advantage of this incentive, you can get 26% of the total cost of your solar panels back in tax credits, including the cost of installation.
However, this great tax credit won’t last forever. Starting January 1st 2023, the tax credit is reduced to 22%. And in 2024, it will be unavailable altogether for residential solar panels. So be sure to move fast so you can get your Illinois solar panel system for the best deal!
Solar homeowners property tax break
Whenever you improve your home, it often means that your home value increases. This is a great perk, even though you have to pay increased property taxes. However, you don’t need to worry about that when you install solar panels. Thanks to the Illinois government, solar panels are completely property tax exempt. So you can enjoy all the added value your new solar panel system brings without paying any extra taxes.
Net metering in Illinois
Another way to capitalize on your solar panels is with net metering. Any excess solar power that your panels produce is sent to your utility grid. Your utility company will then credit your account with that extra energy, which will further lower your monthly bill.
In the Chicago area, ComEd offers net metering to their customers for systems up to 2,000kW (AC-rated) in size. In addition, any unused credits at the end of the month roll over, and are automatically applied to your next bill. Solar energy systems of ComEd customers who want to participate in net metering are limited in capacity size so that they generate no more than 110% of the customer’s prior 12 months of electricity usage.
Illinois Solar Renewable Energy Credits
If you live in Chicago, Solar Renewable Energy Credits (SREC) are available to you after going solar. This state incentive has a value equal to the solar energy you produce over 15 years times the price set by the Illinois Power Agency for REC’s. For your rooftop PV system, the value is 7.1 cents/kWh produced, which is paid in year one. This incentive is available through ComEd for the Chicago area.
Solar Rebates Specific to the City of Naperville
Living in Naperville has a big advantage when you’re considering switching to solar. The City of Naperville Electric Utility offers rebates from $1000 to $3000 when you have solar panels installed to your home. This program is available for anyone who has solar installed after October 1, 2019. Learn more about the program here.
How much do solar panels cost in Naperville?
How much does it cost to go solar in Naperville? The cost of solar depends on a lot of factors including the size of your home, your particular energy needs, how much sunlight exposure your home gets and incentives that offset the cost of the system. To best understand the cost, factors unique to yours situation should be discussed with a qualified Solar Sales Specialist who can offer you an appropriate quote for your particular situation.Free Solar Quote
Solar Panel Installers Naperville, IL
If you’re looking for an honest, reliable Naperville, IL solar installation company, look no further. Sunpro Solar uses only experienced and qualified solar installers and high-quality brands for our materials such as LG solar panels and Enphase microinverters. We use nothing but the best people and the best brands because that’s exactly what our customers deserve.
In addition, each solar panel installation we perform also comes with our 25 year Labor Warranty and our 25 year Production Guarantee. We will also perform a full energy audit on your home to ensure that you get the maximum possible savings with your solar panel system.
Sunpro Solar is here to provide all your solar needs. We offer turnkey solutions so you can switch to green, renewable energy with zero stress. To learn more about switching to solar, or to schedule your free consultation, simply call us today!Free Solar Quote
See What Our Customers Are Saying
Amazing top quality products, Quick Installation, Great warranty plan. Way way ABOVE average Customer Service! Really helpful financing options. They help make going solar obtainable for just about everyone!!! We highly recommend SunPro to all our family, friends and neighbors!!
– Melody M, ⭐⭐⭐⭐⭐
Header image: David Wilson via Flickr