14 Best Solar Companies in Baywood, NY (Jan 2023 Review)

The Cost and Benefits of Solar in Baywood

For many homeowners, the decision to invest in a solar energy system depends the most on the cost. There are several factors you should take into consideration when trying to determine the overall cost and how much you can save, including:

• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can take advantage of. Additionally, you can save about $22,000 over 20 years on your utility bills, without incentives.
• The kind of solar panels you want to get: More efficient models are more expensive, so that will affect your budget for your solar project.
• The amount of sunlight your house gets: Thanks to Baywood's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• Your household's power bills: Due to high monthly energy bills in Baywood, you could save about $900 a year with solar.

Although a solar panel system costs a good chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on several factors, like the size of your house and your energy consumption.

Solar Incentives in Baywood

Adopting solar power has plenty of great benefits. Not only can it help protect the Earth, but you can also save a decent amount of money on your installation with various government incentives. On top of the federal solar investment tax credit, there are also some local incentives, which in almost all cases, stack with the federal incentive, so you get to save even more. Take a look at our article on solar incentives to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Baywood

Installing solar panels can have a meaningful effect on the environment. But you may be curious — how much exactly can you help the planet by making the switch to solar? One thing you should consider is your overall carbon footprint. For example, if you have a long commute time and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. In fact, if you adopt solar power, you could look forward to lowering your carbon dioxide emissions by about 100 pounds each year. If you care about the environment, you'll no doubt recognize that there are many advantages to adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is more valuable.