15 Best Solar Companies in Babylon, NY (Nov 2022 Review)

The Cost and Benefits of Solar in Babylon

We get that for many homeowners, the choice to invest in solar highly depends on installation costs. Some main factors that affect the cost of installing a solar panel system on your home and how much it could save you over time are:

• Your home's power bills: Because of high monthly power bills in Babylon, you could save about $900 a year with solar.
• The amount of sunlight your roof gets: If your roof doesn't get a lot of 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 house with a roof that gets plenty of sunlight.
• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings 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.
• Incentives: Tax-paying citizens who buy and install a solar energy system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $22,000 on your electricity bills over 20 years without incentives.

Because of solar panels now being cheaper than ever as well as local and federal solar incentives, they are a worthwhile investment for the majority of homeowners.

Solar Incentives in Babylon

Although installing solar panels is typically a large investment, it can save you a substantial amount of money over time because of smaller energy bills and government incentives. When you install solar panels on your home, you can claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Plus, there are often some regional incentives that you can benefit from to further cut back on the cost of solar of solar panels. Take a look at our article on solar incentives to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Babylon

Many want to do what they can to help save the planet, which for many is the prime reason they're interested in installing solar panels. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Babylon, though. Using clean energy for electricity in place of using nonrenewable energy is a good way to lower your carbon footprint if you want to help reduce Babylon's large level of greenhouse gas emissions. Though making solar panels emits carbon dioxide, the panels make up for it by significantly reducing the amount of CO2 you would have produced if you still used traditional energy. In Babylon, you can reduce your carbon footprint by 100 pounds a year with solar panels. Since solar power is renewable and generates electricity without releasing carbon emissions, adding solar panels to your home is one easy step you can take to help protect the planet.