17 Best Solar Companies in Clarence, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Clarence

While solar panels can save you a decent chunk of change on power bills over time, it's necessary to take into consideration the startup costs. Some key things that determine how much it will cost and how much you could save include:

• Average daily sunlight: Since Clarence 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 your solar panels can save you on your electricity bills.
• The model of solar panels you're thinking of getting: More high-tech panels are more highly priced, so that will shape your budget for your solar project.
• Your home's power bills: Due to high monthly electricity bills in Clarence, you could save about $620 a year with solar.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $13,000 over 20 years with your solar panels, too.

There are lots of good benefits of solar despite the upfront cost of installation. It can help the environment and your wallet. In addition, it can boost the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in Clarence

Since solar power is more sustainable than burning fossil fuels, there are some government incentives available to encourage its adoption. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially pair the ITC with other state and city rebates and benefits. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Clarence

Installing solar panels can have a beneficial effect on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Clarence, though. In a place like Clarence where commute times can be pretty long, installing solar panels can help offset some of your carbon dioxide emissions from being on the road a lot. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good trade for nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 20 pounds each year. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.