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Avatar for ETXSOLUTIONS
ETXSOLUTIONS
5.0(
3
)
Solar Panel InstallSolar Panels For Electric System - Install - For BusinessSolar Panels For Electric System - Repair+1 more

Serving Odin, IL and surrounding areas

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"James with ETX Solutions, was very responsive to my inquiry and promptly answered every question I had. He is very knowledgeable about Solar and very professional. James explained all the tax credits and financial benefits of switching to Solar. I feel Solar energy is the smartest way to go, and James is the right person to get you set up and on your way!"
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Solar Panels questions, answered by experts

Solar roofing shingles may qualify for significant federal tax incentives through programs like the Residential Clean Energy Credit, which offers up to 30% of installation costs through 2032. State and local governments often provide additional credits, and utility companies may offer further rebates or net metering programs, depending on the state. Just look into the qualification requirements beforehand because installation, documentation, and technical standards can impact eligibility. Consult the current guidelines and a tax professional to maximize available benefits.

Yes, going solar really saves money. In fact, according to some calculations, the average homeowner who switches from electric to solar power will save almost $2,000 a year on energy costs. While buying solar panels and switching to solar can be costly up front, the savings add up over time. If you can sell back extra energy or take advantage of tax incentives, your savings can be even higher.

The average cost to install solar panels is around $27,000, with most homeowners paying between $4,500 and $54,000. These prices don’t consider the federal investment tax credit (ITC), which can reduce costs by up to 30%. The final price depends on several factors, including the size of the system needed to offset your energy consumption, the amount of sunlight your home receives, your geographical location, the type and brand of panels, labor costs, and any add-on products like solar batteries or electric vehicle (EV) chargers. It is recommended to get price quotes from at least three solar companies in your area to find the best deal.

Solar panels can pay for themselves in five to 15 years, depending on the cost of your system, how much energy it generates, whether you qualify for incentives or power buybacks, and the price of energy in your area. Solar panels pay for themselves over time as they lower electricity bills, so it will take time to recoup your initial investment. However, the longer you have your system, the more money you can save and earn.

There are a few great questions to ask a solar contractor or inspector when you speak to them. You’ll probably want to find out about the energy yield and efficiency of your array, ensuring the actual output matches the amount you calculated when installing the array in the first place. It’s also a good idea to find out about any damage or wear and tear on the array and to inquire about how soon you need to make repairs or replacements to essential components.

The Odin, IL homeowners’ guide to solar panel services

From average costs to expert advice, get all the answers you need to get your job done.