14 Best Solar Companies in Arcade, NY (Feb 2023 Review)

The Cost and Benefits of Solar in Arcade

Even though solar panels can help save you a decent chunk of change on utility bills over time, it's important to consider the startup costs. There are quite a few factors you should consider when trying to figure out how much it will cost and how much you can save, such as:

• Your energy bills: This will impact your savings. In Arcade, the average resident can save about $620 a year on their electricity bills.
• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• average energy usage: The more power your home uses on average and the steeper your current power bills are, the more likely you'll benefit from making the switch to solar.
• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save on your utility bills, which can generate an average of $13,000 of savings over 20 years.

Though a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, like the kind of solar panels you get and your energy consumption.

Solar Incentives in Arcade

One of the good things about installing a solar panel system is receiving federal and potentially state incentives. In addition to the federal solar investment tax credit, there are also some local programs, which in almost all cases, stack with the federal incentive, so you get to save even more. Check out our article on solar incentives to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Arcade

There are a few key reasons why homeowners are considering solar energy: to help their wallet and the environment. You may be curious — how much do solar panels help the planet anyway? The average person has a rather large carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions each year, and electricity for their home, it can be overwhelming to figure out what to do. Using solar power is one of the easiest things you can do to help. Although solar panel production emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have released if you still used nonrenewable energy. In Arcade, you can reduce your carbon footprint by 20 pounds a year with solar panels. Since solar power is plentiful and produces electricity without CO2 emissions, making the switch to solar power is one easy step you can take to help protect the environment.