16 Best Solar Companies in Elmsford, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Elmsford

The cost of installing a solar panel system has decreased immensely over the past few years, but it's still a large investment for most homeowners. The cost and possible savings vary depending on a few important factors such as:

• Incentives: Tax-paying citizens who buy and install a solar system this year can save 30% of their solar installation costs by using the federal solar investment tax credit. You can also save about $30,000 on your electricity bills over 20 years without incentives.
• How much power your household needs: If your family needs to use a lot of energy, you'll see more savings from installing solar panels.
• Where your home is: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• System size and type: Some models are more expensive than others, so the one you decide on can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.

Solar is a profitable investment for most homeowners. You can make your own energy instead of paying for it from the grid and benefit from solar tax credits and rebates, all while helping protect the planet.

Solar Incentives in Elmsford

Since solar power is more sustainable than fossil fuels, there are some government incentives in place to encourage its adoption. When you install a solar panel system on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Additionally, there are often some local incentives that you can take advantage of to further save. The table below lists out the incentives you can find in Elmsford.

Environmental Impact of Switching to Solar in Elmsford

If you want to add solar panels to your home, one of the major reasons why may be to reduce your carbon footprint. But you may be curious — how much exactly can you help by going solar? One thing to consider is your overall carbon footprint. For example, if you spend lots of time commuting to work and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. While making solar panels releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have produced if you still used nonrenewable energy. In Elmsford, you can reduce your carbon footprint by 50 pounds a year with solar panels. For homeowners who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.