14 Best Solar Companies in Arcadia, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Arcadia

The cost of installing a solar panel system has dropped greatly in the past few years, but it's still a large investment for most homeowners. Some key things that influence the upfront cost and potential savings over time include:

• Your energy bills: This will dictate your savings. In Arcadia, the average homeowner can save about $640 a year on their electricity bills.
• Your location: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can use. Additionally, you can save about $14,000 over 20 years on your utility bills, before factoring in incentives.
• Choice of solar panels: The kind of solar panels you want 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 you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.

As a result of solar panels decreasing in cost as well as several solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Arcadia

Since solar power is a cleaner source of energy than burning fossil fuels, there are quite a few government incentives available to encourage its adoption. On top of the federal solar investment tax credit, there are also some state- and city-level incentives, which in the majority of cases, stack with the federal incentive, so you can save even more. In the table below, you can see the incentives you qualify for in Arcadia.

Environmental Impact of Switching to Solar in Arcadia

Lots of people want to do their part to help the environment, which for many is the primary reason for installing a solar system. But how much can switching to solar actually affect the environment? Something that can dramatically influence your carbon footprint is how long your commute is and how much you drive overall. If you go solar and drive an electric car, you can vastly cut back on your carbon dioxide emissions by charging your car at home. In Arcadia, the average resident can reduce their carbon footprint by 20 pounds a year after going solar. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.