15 Best Solar Companies in Albion, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Albion

We know that for most homeowners, the choice to invest in solar highly depends on installation costs. The cost of solar and the savings it generates vary depending on a few important factors such as:

• How much electricity your home consumes: Households that consume plenty of electricity each month may need more solar panels and, consequently, more upfront cost, but will also benefit more over time.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state and city may also have various incentives that you can benefit from. Additionally, you can save about $15,000 over 20 years on your utility bills, not including incentives.
• The type of solar panel system you can afford: This hinges on how much you're willing to invest upfront.
• Where your home is: This affects how much sunlight your roof receives, which helps determine how many panels you need.

Even though a solar panel system costs a decent chunk of money upfront, it can save you much more over time. The question of how much, though, depends on a number of factors, such as the kind of solar panels you get and your energy consumption.

Solar Incentives in Albion

One of the benefits of installing a solar panel system is receiving federal and potentially state incentives. There are a lot of federal, state and local rebates and tax credits that can earn you some money in return after buying a qualifying system. For comprehensive information about local incentives, see the table below.

Environmental Impact of Switching to Solar in Albion

Switching to solar energy can have a positive effect on the environment. A question many homeowners might be thinking about is how much can they really help protect the environment by going solar anyway? One thing that can severely influence your carbon footprint is how long your commute is and how much you drive in general. If you switch to solar power and drive an electric car, you can significantly lower your carbon dioxide emissions by charging your car at home. Since solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good swap for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 20 pounds each year. If you want to do your part for the environment, you'll most likely recognize that there are many good things about adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is invaluable.