14 Best Solar Companies in Chittenango, NY (Mar 2023 Review)

The Cost and Benefits of Solar in Chittenango

Although solar panels can help save you money on power bills over time, it's necessary to know the startup costs. Some key factors that influence the cost of installing solar panels on your home and how much money you could save over time are:

• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 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 $13,000 over 20 years with your solar panels, too.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panel system won't be able to generate as much energy, which will leave you with lower savings on energy bills than a house with a roof that gets plenty of sunlight.
• How much energy costs for you: The average household in Chittenango spends around $650 a year on home energy use alone, so you could end up with that much in savings.

Due to solar panels decreasing in cost as well as various solar incentives, they are a sound investment for the majority of homeowners.

Solar Incentives in Chittenango

If you're planning on making the switch to solar energy, a variety of government incentives and subsidies can dramatically bring down your project costs and speed up the return on your investment. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of your project costs on your tax return, lowering the amount of taxes you owe that year. Plus, there may be some local incentives you can benefit from too. Our article on solar incentives goes over more in-depth information on the incentives you can take advantage of in Chittenango.

Environmental Impact of Switching to Solar in Chittenango

Going solar can have a meaningful effect on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Chittenango, though. The average person has a considerable carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions a year, and energy for their home, it can be overwhelming to figure out what to do. Going solar is a practical thing you can do to help. Since solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good substitute for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 20 pounds each year. The great things about solar power are infinite — just like solar power is! That's why so many people have been happy with committing to solar.