12 Best Solar Companies in Dunkirk, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Dunkirk

We get that for many homeowners, the decision to invest in solar comes down to installation costs. A few main factors that determine how much it will cost to install solar panels on your home and how much it could save you over time include:

• How much power your household consumes: Homes that consume a lot of electricity each month may need more solar panels and, consequently, more upfront cost, but will also enjoy more savings over time.
• Choice of solar panels: The type of solar panels you want 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.
• Your energy bills: This will dictate how much money you might save. In Dunkirk, the average resident can save about $650 a year on their electricity bills.
• Incentives: Those who install a solar system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $13,000 on your utility bills over 20 years not including incentives.

Although a solar panel system costs a sizable chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on several factors, like the size of your house and your energy consumption.

Solar Incentives in Dunkirk

Because solar power is a cleaner source of energy than fossil fuels, there are some government incentives in place to encourage its adoption. When you install a solar panel system on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Plus, there may often be some state and city incentives that you can benefit from to further save. For comprehensive information about local incentives, check out the table below.

Environmental Impact of Switching to Solar in Dunkirk

One of the best reasons to embrace solar power is to reduce your reliance on nonrenewable energy sources like burning fossil fuels, which are hazardous for the environment. But you may be wondering — how much exactly can you help by going solar? In a city like Dunkirk where energy use is somewhat high, installing solar panels is a good plan for households who care about the planet. In fact, if you adopt solar power, you could lower your carbon dioxide emissions by about 20 pounds each year. If you care about the environment, you'll no doubt get that there are many benefits of adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is worth more.