17 Best Solar Companies in Gates, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Gates

Although solar panels can help save you money on energy bills over time, it's important to take into consideration the upfront costs. The overall price and potential savings vary depending on some important factors such as:

• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save on your power bills, which can result in an average of $16,000 of savings over 20 years.
• Average daily sunlight: Since Gates gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much your solar panels can save you on your electricity bills.
• How much energy your household consumes: Households that use plenty of electricity each month may require more solar panels and, as a result, be more expensive, but will also enjoy more savings over time.
• System size and type: Some models are more costly than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.

Although a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on a number of factors, like the kind of solar panels you get and your local electricity rates.

Solar Incentives in Gates

Because solar power is a cleaner source of energy than fossil fuels, there are a number of government incentives available to encourage people to make the switch. In addition to the federal solar investment tax credit, there are also some local programs, which in the majority of cases, stack with the federal incentive, so you get to save even more. For detailed information about incentives that apply to you, see the table below.

Environmental Impact of Switching to Solar in Gates

Switching to solar energy can have a beneficial effect on the environment. You may be trying to figure out — how much does going solar do for the environment anyway? A key thing to consider is your overall carbon footprint. For example, if you have a long commute, your footprint may be bigger, so adopting solar energy for your house can help offset that. In Gates, the average resident can lower their carbon footprint by 20 pounds a year once they go solar. As you can see, trading traditional energy for solar has so many other benefits apart from saving money. One of the primary ones is that you can help save the planet too.