14 Best Solar Companies in Depew, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Depew

The cost of installing solar panels has gone down significantly in the past few years, but it's still a substantial investment for most homeowners. The overall price and potential savings vary depending on some key factors such as:

• Your household's power bills: With high monthly energy bills in Depew, you could save about $610 a year with solar.
• Your energy consumption: If your household uses a lot of energy, you'll benefit more from installing solar panels.
• The model of solar panels you can afford: This depends on your income and budget.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can use. Plus, you can save about $13,000 over 20 years on your utility bills, before factoring in incentives.

There are several great benefits of solar even with 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 want to sell your home later.

Solar Incentives in Depew

To increase solar panel installation and usage, federal, state and local governments — and even some utility companies — offer incentives to help make going solar more economically viable and accessible. Local solar incentives depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power systems, in addition to the federal solar tax credit. The table below shows you the incentives you can find in Depew.

Environmental Impact of Switching to Solar in Depew

Replacing nonrenewable energy with solar power is a compelling way to do your part for a greener future. But you may be curious — how much exactly can you help the environment by going solar? If your family consumes a lot of energy, you can have an even greater impact on the planet by switching to solar energy. While making solar panels emits carbon dioxide, the panels make up for it by considerably reducing the amount of CO2 you would have been responsible for if you still used traditional energy. In Depew, you can reduce your carbon footprint by 20 pounds a year with solar panels. For those who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.