17 Best Solar Companies in Cedarhurst, NY (Mar 2023 Review)

The Cost and Benefits of Solar in Cedarhurst

We know that for most homeowners, the choice to invest in solar depends on installation costs. There are a few factors you should consider when determining how much it will cost and how much you can save, such as:

• Where your home is: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• Your current electric bills: Solar panels can dramatically lower, or entirely eradicate, your utility bills. In Cedarhurst, you can save an average of $93 a month.
• 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 utility bills, which can give you an average of $28,000 of savings over 20 years.
• System size and type: Some models are more pricy than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.

There are several wonderful benefits of solar even with the initial cost of installation. It can help the Earth and your bank account. Additionally, it can raise the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in Cedarhurst

There are many reasons why adopting solar power is beneficial. One of them includes some government incentives that can help save you some money. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly pair the ITC with other local incentives. In our article on solar incentives, you can see the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Cedarhurst

If you're thinking of adding solar panels to your home, one of the principal reasons why may be to lower your carbon dioxide emissions. But how much can switching to solar actually help the environment? One thing that can dramatically influence your carbon footprint is your commute time and how much you drive overall. If you switch to solar power and drive an electric car, you can greatly lower your carbon dioxide emissions by charging your car at home. In fact, if you install solar panels, you could lower your carbon dioxide emissions by about 50 pounds each year. As you can see, investing in solar has so many other perks outside of saving money. One of the main ones is that you can help save the Earth too.