14 Best Solar Companies in Brooklyn, CT (Mar 2023 Review)

The Cost and Benefits of Solar in Brooklyn

The cost of installing a solar panel system has decreased significantly over the past several years, but it's still a substantial investment for most homeowners. Some key things that impact the cost and possible savings include:

• Your energy bills: This will impact your savings. In Brooklyn, the average homeowner can save about $1,100 a year on their electricity bills.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state may also have various incentives that you can benefit from. In addition, you can save about $22,000 over 20 years on your utility bills, not including incentives.
• The amount of sunlight your area gets: Thanks to Brooklyn's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.
• System size and type: Some models are more costly than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.

So is buying solar panels worth it? Whether you'd like to reduce your electricity costs, greenhouse gas emissions or both, solar panels are a good investment for many Brooklyn homeowners.

Solar Incentives in Brooklyn

One of the benefits of installing a solar panel system is earning government incentives. When you install solar panels on your home, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some regional incentives that you can benefit from to further cut back on the cost of solar of solar panels. Our article on solar incentives has more in-depth information on the incentives you can find in Brooklyn.

Environmental Impact of Switching to Solar in Brooklyn

An important reason so many homeowners are thinking of switching to solar power is to help reduce their environmental impact. You may be wondering — how much does making the switch help the planet anyway? The average person has a sizable carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions each year, and electricity for their home, it can be overwhelming to think about what to do. Using solar power is a practical thing you can do to help. In fact, if you make the switch to solar power, you could reduce your carbon dioxide emissions by about 40 pounds each year. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.