15 Best Solar Companies in Blooming Grove, NY (Mar 2023 Review)

The Cost and Benefits of Solar in Blooming Grove

We understand that for many homeowners, the decision to invest in solar highly depends on installation costs. The cost of solar and the savings it generates vary depending on some important factors such as:

• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can use. Additionally, you can save about $22,000 over 20 years on your utility bills, before factoring in incentives.
• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• Your power bills: This will impact how much money you might save. In Blooming Grove, the average homeowner can save about $1,000 a year on their electricity bills.
• average energy usage: The more electricity your household uses on average and the higher your current electricity bills are, the more likely you'll benefit from switching to solar.

Thanks to solar panels decreasing in cost as well as several solar incentives, they are a solid investment for most homeowners.

Solar Incentives in Blooming Grove

If you're thinking about making the switch to solar power, a variety of government incentives and tax credits can greatly bring down the installation costs and expedite the return on your investment. Local solar incentive programs vary by location and, sometimes, utility company. A lot of states offer rebates for home solar power systems, in addition to the federal solar tax credit. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Blooming Grove

There are a few important reasons why people are considering solar energy: for the good of their bank accounts and the planet. Something many homeowners might be thinking about is how much can they really help the environment by switching to solar power anyway? In a place like Blooming Grove where commute times can be very long, installing solar panels can help help reduce the carbon footprint of driving. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good swap for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 20 pounds each year. The perks of solar power are abundant — just like solar power is! That's why so many homeowners have been happy with committing to solar.