16 Best Solar Companies in Granville, NY (Mar 2023 Review)

The Cost and Benefits of Solar in Granville

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will first need to pay to install your panels. A few important factors that influence how much it will cost to install a solar panel system on your home and how much it could save you over time are:

• Your income and budget: This shapes what kind of solar panels you can afford.
• Energy consumption: Installing solar panels may be a high-cost investment for households that don't use a lot of energy each month.
• Incentives: One thing that can make your solar project cost less 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 money on your power bills, which can result in an average of $13,000 of savings over 20 years.
• How much you spend on energy: The typical family in Granville pays around $620 a year on energy alone, so you could end up with that much in savings.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on several factors, like the amount of daily direct sunlight available and your current power bills.

Solar Incentives in Granville

Adopting solar power has plenty of considerable benefits. Not only can it help preserve the Earth, but you can also save a good amount of money on your installation with various government incentives. In addition to the federal solar investment tax credit, there are also some state- and city-level incentives, which in almost all cases, stack with the federal incentive, so you can save even more. For comprehensive information about incentives that apply to you, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Granville

Installing solar panels can have a beneficial effect on the environment. But — how much exactly can you help the planet by using solar power? In Granville, where the energy generation could be cleaner, going solar can have a big impact on the planet since solar power is a renewable source of energy. While solar panel production emits carbon dioxide, the panels make up for it by considerably lowering the amount of CO2 you would have been responsible for if you still used traditional energy. In Granville, you can reduce your carbon footprint by 20 pounds a year with solar panels. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.