18 Best Solar Companies in Bedford, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Bedford

For many homeowners, whether or not you should invest in solar energy depends the most on the cost. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Your energy bills: This will affect how much money you might save. In Bedford, the average resident can save about $960 a year on their electricity bills.
• How much sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar system won't be able to generate as much energy, which will leave you with lower savings on energy bills than a roof that gets plenty of sunlight.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save money on your power bills, which can generate an average of $22,000 of savings over 20 years.
• Your income and budget: This guides what type of solar panels you can buy.

There are several great benefits of solar even with the initial cost of installation. It can help the environment and your bank account. In addition, it can increase the value of your home, giving you even more benefits if you decide to sell your home later.

Solar Incentives in Bedford

If you're considering switching to solar power, a variety of government incentives and tax credits can dramatically bring down the cost of the project and expedite the return on your investment. In addition to the federal tax credit incentive, there are also some state- and city-level programs, which in the majority of cases, stack with the federal incentive, so you can save even more. The table below lists out the incentives you can benefit from in Bedford.

Environmental Impact of Switching to Solar in Bedford

Lots of people want to do what they can for the environment, which in many cases is the chief reason for installing a solar system. But how much can using solar energy instead of traditional energy actually affect the environment? The average person has a sizable carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions a year, and energy for their home, it can be overwhelming to figure out what to do. Going solar is one of the easiest things you can do to help. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 50 pounds each year. For people who want to help the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.