11 Best Solar Companies in Fallsburg, NY (Jan 2023 Review)

The Cost and Benefits of Solar in Fallsburg

For the majority of homeowners, whether or not you should invest in solar energy comes down to the cost. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• How much you spend on energy: The average household in Fallsburg pays around $700 a year on electricity alone, so you could gain that much in savings.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of installing your solar panel system from your taxes. Additionally, not including incentives, you can save about $15,000 over 20 years on your energy bills.
• Choice of solar panels: The type of solar panels you need 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 opt for a higher number of more affordable panels.
• Energy consumption: Solar may be a high-cost investment for homes that don't use too much energy each month.

So is installing solar panels worth it? Whether you hope to decrease your electric bills, carbon emissions or both, solar panels are a solid investment for many Fallsburg homeowners.

Solar Incentives in Fallsburg

One of the good things about installing a solar panel system is receiving government incentives. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much your solar project cost on your tax return, lowering the amount of taxes you owe that year. In addition, there may be some local incentives that can save you some extra money too. Our article on solar incentives has more information on the incentives you can benefit from in Fallsburg.

Environmental Impact of Switching to Solar in Fallsburg

Swapping traditional energy for solar is a powerful way to do your part for a more sustainable future. A question many might be asking themselves is how much can they really help the environment by switching to solar power anyway? The average person has a sizable carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions every year, and powering their home, it can be overwhelming to think about what to do. Installing solar panels is a practical thing you can do to help. In Fallsburg, the average household can reduce their carbon footprint by 20 pounds a year once they go solar. For those who are worried about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.