9 Best Solar Companies in Auburn, NY (Jul 2022 Review)

The Cost and Benefits of Solar in Auburn

The cost of putting up a solar panel system has gone down greatly over the past several years, but it's still a large investment for most homeowners. Some key factors that influence how much it will cost to install a solar panel system on your home and how much money you could save over time include:

• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panels won't be able to generate as much energy, which will give you lower savings on electricity bills than a roof that gets plenty of sunlight.
• Energy consumption: Installing solar panels may be too steep of an option for households that don't need a good amount of energy a month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 26% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $13,000 over 20 years with your system, too.
• Your income and budget: This shapes what model of solar panels you can purchase.

Due to solar panels now being cheaper than ever as well as various solar incentives, they are a worthwhile investment for most homeowners.

Solar Incentives in Auburn

In order to increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make switching to solar power more financially viable and accessible. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly use the ITC with other state and city incentives. In the table below, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Auburn

There are tons of reasons to switch to solar power, like saving on electricity bills and helping to lower your carbon footprint. But you may be wondering — how much exactly can you help by making the switch to solar? If your home consumes a lot of energy, you can help the environment even more by switching to solar energy. Though solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by significantly decreasing the amount of CO2 you would have produced if you still used traditional energy. In Auburn, you can reduce your carbon footprint by 20 pounds a year with solar panels. Since energy from the sun is renewable and generates electricity without CO2 emissions, adding solar panels to your home is one easy step you can take to help the environment.