15 Best Solar Companies in Fairview, NY (Jan 2023 Review)

The Cost and Benefits of Solar in Fairview

The cost of putting up a solar panel system has decreased significantly over the past several years, but it's still a substantial investment for most homeowners. The cost and possible savings vary depending on some key factors such as:

• How much energy costs for you: The typical household in Fairview pays around $880 a year on power alone, so you could gain that much in savings.
• The type of solar panels you can purchase: This is dependent on your income and budget.
• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar panels won't be able to make as much energy, which will give you lower savings on energy bills than a roof that gets a lot of sunlight.
• Incentives: Tax-paying citizens who buy and install a solar energy system this year can save 30% of their overall solar costs by taking advantage of the federal solar investment tax credit. You can also save about $19,000 on your utility bills over 20 years not including incentives.

Though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on a number of factors, like the angle of your roof and your current power bills.

Solar Incentives in Fairview

Since solar power is a cleaner source of energy than burning fossil fuels, there are several government incentives in place to encourage its adoption. These incentives typically consist of cash rebates, tax credits and/or performance-based incentives. They can lower the cost you pay for installing solar panels by 30%, upwards of 50% in some cases. Our article on solar incentives has more detailed information on the incentives you can take advantage of in Fairview.

Environmental Impact of Switching to Solar in Fairview

Switching to solar energy can have a meaningful impact on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Fairview, though. If your home consumes lots of energy, you can impact the environment even more by switching to solar power. Because solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 20 pounds each year. For those who care about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.