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

The Cost and Benefits of Solar in East Bloomfield

Solar panels run off a free energy source — the sun — but to take advantage of this you first need to pay to install your system. There are quite a few factors you should take into consideration when trying to figure out costs and your potential savings, including:

• Choice of solar panels: The type of solar panels you want will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money 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 household's power bills: With high monthly power bills in East Bloomfield, you could save about $660 a year with solar.
• Electricity consumption: The average home in East Bloomfield doesn't use much energy, and consequently may not see as many savings on their power bills.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can benefit from. Additionally, you can save about $14,000 over 20 years on your utility bills, before factoring in incentives.

There are many great benefits of solar in spite of the upfront cost of installation. It can help the Earth and your finances. In addition, it can raise the value of your home, giving you even more benefits if you want to sell your home later.

Solar Incentives in East Bloomfield

Because solar power is more sustainable than fossil fuels, there are some government incentives in place to encourage people to make the switch. State and city solar incentives depend on the location and, sometimes, utility company. Many states offer rebates for home solar power systems, in addition to the federal solar tax credit. For comprehensive information about incentives for homeowners in East Bloomfield, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in East Bloomfield

Many want to do their part for the environment, which often is the primary reason they're interested in installing solar panels. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in East Bloomfield, though. The average person has a rather large carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions every year, and powering their home, it can be overwhelming to figure out what to do. Installing solar panels is a simple thing you can do to help. In fact, if you install solar panels, you could be looking at reducing your carbon dioxide emissions by about 20 pounds each year. As you can see, trading traditional energy for solar has so many other benefits apart from saving money. One of the major ones is that you can help save the planet too.