18 Best Solar Companies in Cairo, NY (Mar 2023 Review)

The Cost and Benefits of Solar in Cairo

For many people considering switching to solar, the decision of which solar company to choose depends on prices. The cost of solar and the savings it generates vary depending on some important factors such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $17,000 over 20 years with your solar panels, too.
• The cost of electricity in your area: If your local power rates are high, there's a better chance you'll have a higher return on your investment in solar panels. In Cairo, you can save an average of $67 a month on your electricity bills.
• System size and type: Some models are more expensive than others, so the one you decide on can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• The amount of sunlight your city gets: Because of Cairo's relatively low amount of average daily sunlight, you might not see as many savings on your electric bills.

There are several wonderful benefits of solar despite the initial cost of installation. It can help the planet and your finances. Plus, it can increase the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in Cairo

In an effort to increase the number of homes and businesses that use solar power, federal, state and local governments — and even some utility companies — offer incentives to help make switching to solar power more financially viable and accessible. When you install solar panels on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Additionally, there are often some regional incentives that you can use to further save. You can find out about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Cairo

There are a few key reasons why many people want to invest in solar energy: to help their wallet and the environment. A question many people might be thinking about is how much can they really help protect the environment by going solar anyway? One thing you should consider is your overall carbon footprint. For example, if you spend lots of time commuting to work and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. Because solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good substitute for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 20 pounds each year. As you can see, going solar has so many other rewards apart from saving money. One of the main ones is that you can help save the Earth too.