10 Best Solar Companies in Amherst, NY (Jul 2022 Review)

The Cost and Benefits of Solar in Amherst

The cost of installing solar panels has dropped immensely in the past few years, but it's still a significant investment for most homeowners. Some important things that impact the upfront cost and potential savings over time include:

• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 26% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $13,000 over 20 years on your energy bills.
• Energy consumption: Solar may be too pricey an investment for families that don't consume a good amount of energy each month.
• Choice of solar panels: The type of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• How much energy costs for you: The average family in Amherst spends around $620 a year on electricity alone, so you could be looking at that much in savings.

Solar is a fruitful investment for most homeowners. You can make your own energy instead of paying for it from the grid and make use of solar incentives and rebates, all while helping preserve the Earth.

Solar Incentives in Amherst

If you're considering making the switch to solar power, various government incentives and tax credits can drastically reduce the installation costs and speed up the return on your investment. There are several federal, state and local rebates and tax credits that can earn you some money back after paying for a solar panel system. For comprehensive information about local incentives, see the table below.

Environmental Impact of Switching to Solar in Amherst

If you want to add solar panels to your home, one of the major reasons why may be to lower your reliance on nonrenewable energy. A question many might be asking themselves is how much can they really help preserve the environment by going solar anyway? In Amherst, where the energy generation could be cleaner, going solar can have a big effect on the Earth since solar power is a renewable source of energy. Once you go solar, your carbon dioxide emissions can be lowered by about 20 pounds a year. As you can see, using solar power has so many other perks besides saving money. One of the main ones is that you can help save the planet too.