17 Best Solar Companies in Canastota, NY (Jan 2023 Review)

The Cost and Benefits of Solar in Canastota

For many people considering switching to solar, the decision of which solar installer to hire comes down to how much it'll cost. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Your power bills: This will impact how much money you might save. In Canastota, the average resident can save about $620 a year on their electricity bills.
• Your income and budget: This guides what model of solar panels you can buy.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $13,000 over the first 20 years with your system, too.
• Average daily sunlight: Since Canastota doesn't get a lot of average daily sunlight, your solar system may not be able to produce enough energy to power your whole home, which impacts how much you can save on your energy bills.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on a number of factors, such as the size of your house and your energy consumption.

Solar Incentives in Canastota

There are many good reasons why going solar is a great investment. One of them consists of some government incentives you can take advantage of. These incentives usually take the form of cash rebates, tax credits and/or solar renewable energy credits. They can cut how much you pay for installing solar panels by 30%, upwards of 50% depending on where you live. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Canastota

Lots of people want to do their part for the planet, which in many cases is the prime motivation to install solar panels. You may be trying to figure out — how much does making the switch help the planet anyway? In a city like Canastota where energy use is somewhat high, going solar is a fantastic idea for those who are worried about the state of the planet. Even though solar panel manufacturing emits carbon dioxide, the panels make up for it by considerably decreasing the amount of CO2 you would have been responsible for if you still used traditional energy. In Canastota, you can reduce your carbon footprint by 20 pounds a year with solar panels. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.