17 Best Solar Companies in Bath, NY (Jan 2023 Review)

The Cost and Benefits of Solar in Bath

For the majority of homeowners, whether or not to invest in a solar energy system comes down to the cost. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $13,000 over the first 20 years with your system, too.
• How much power your household consumes: Homes that use a lot of electricity each month may call for more solar panels and, as a result, be more expensive, but will also save more on their energy bills over time.
• The type of solar panels you can purchase: This hinges on what your budget is.
• How much energy costs for you: If your local energy rates are high, there's a better chance you'll see a higher return on your investment in a solar panel system. In Bath, you can save an average of $54 a month on your electricity bills.

Solar is a fruitful investment for most homeowners. You can make your own energy instead of paying for it from a utility company and take advantage of solar incentives, all while helping preserve the environment.

Solar Incentives in Bath

Because solar power is more sustainable than traditional energy sources, there are some government incentives in place to encourage people to make the switch. When you install solar panels on your home, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Additionally, there are often some regional incentives that you can benefit from to further cut back on the cost of solar of solar panels. In our article on solar incentives, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Bath

An important reason so many are thinking of adopting solar energy is to help lower their environmental impact. But you may be curious — how much exactly can you help the environment by using solar power? One thing that can severely influence your carbon footprint is your commute time and how much you drive overall. If you switch to solar power and have an electric car, you can greatly reduce your carbon dioxide emissions by charging your car at home. When you go solar, your carbon footprint can be lowered by about 20 pounds every year. As you can see, using solar power has so many other benefits apart from saving money. One of the major ones is that you can help save the environment too.