16 Best Solar Companies in Brooklyn, NY (Aug 2022 Review)

The Cost and Benefits of Solar in Brooklyn

When deciding on a solar company, most homeowners or business owners think about the costs above all. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Typical energy usage: The more electricity your household consumes on average and the greater your current electricity bills are, the more benefits you'll see from switching to solar.
• System size and type: Some models are more expensive than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• How much sunlight your roof gets: This, plus the configuration of your roof, affects affect how much energy your solar panels can make.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 26% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can use. In addition, you can save about $33,000 over 20 years on your utility bills, not including incentives.

So is buying solar panels worth it? Whether you hope to lower your electricity costs, carbon emissions or both, solar panels are a worthwhile investment for many Brooklyn homeowners.

Solar Incentives in Brooklyn

In an effort to increase solar panel installation and usage, federal, state and local governments — and even some utility companies — offer incentives to help make switching to solar power more economical and accessible. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also possibly pair the ITC with other local incentives. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Brooklyn

One of the best reasons to tap into solar power is to minimize your reliance on nonrenewable energy sources like burning fossil fuels, which are harmful for the environment. But how much can switching to solar actually help the environment? According to the EPA, electricity generation is the second biggest source of greenhouse gas emissions and about 62% of our electricity comes from burning fossil fuels. Switching to a clean energy source like solar power can help bring down that statistic in a city like Brooklyn that generates a fair amount of carbon dioxide emissions each year. In Brooklyn, the average person can lower their carbon footprint by 50 pounds a year once they go solar. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.