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

The Cost and Benefits of Solar in Endicott

When picking a solar company, most homeowners or business owners worry about the costs the most. There are quite a few factors you should consider when trying to figure out costs and your potential savings, including:

• Your income and budget: This affects what kind of solar panels you can buy.
• Incentives: Tax-paying citizens who 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 $12,000 on your electricity bills over 20 years excluding incentives.
• Your energy consumption: If your family uses a lot of energy, you'll reap more rewards from installing solar panels.
• How much you spend on energy: The average household in Endicott spends around $590 a year on energy use alone, so you could end up with that much in savings.

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, such as the amount of daily direct sunlight available and your energy consumption.

Solar Incentives in Endicott

One of the great things about installing a solar panel system is receiving government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of your project costs on your tax return, lowering the amount of taxes you owe that year. In addition, there may be some local incentives that stack with the ITC too. In the table below, you can see the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Endicott

Many want to do what they can to help the planet, which often is the chief reason for installing solar panels. You may be wondering — how much does going solar help the environment anyway? In a city like Endicott where energy use is somewhat high, installing solar panels is a good plan for people who want to do their part for the environment. In Endicott, the average resident can lower their carbon footprint by 20 pounds a year after going solar. As you can see, going solar has so many other rewards outside of saving money. One of the major ones is that you can help save the planet too.