14 Best Solar Companies in Great Neck Plaza, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Great Neck Plaza

For a lot of homeowners, the decision to invest in a solar energy system comes down to the cost. The cost of solar and the savings it generates vary depending on some important factors such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $22,000 over 20 years with your solar system, too.
• The make and model of solar panels you want: Higher-efficiency panels are more expensive, so that will influence your budget for your solar project.
• Your home's power bills: Because of high monthly electric bills in Great Neck Plaza, you could save about $900 a year with solar.
• Average daily sunlight: Since Great Neck Plaza gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which affects how much you can save on your energy bills.

So is a solar panel system worth it? Whether you're trying to decrease your electricity costs, carbon emissions or both, solar panels are a good investment for many Great Neck Plaza homeowners.

Solar Incentives in Great Neck Plaza

Since solar power is a cleaner source of energy than traditional energy sources, there are quite a few government incentives in place to encourage people to make the switch. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also possibly stack the ITC with other state and city rebates and benefits. Take a look at the table below to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Great Neck Plaza

One of the most compelling reasons to switch to solar energy is to reduce your reliance on traditional energy sources like burning fossil fuels, which are harmful for the environment. A question many might be wondering about is how much can they really help protect the environment by going solar anyway? Something that can dramatically shape your carbon footprint is how long your commute is and how much you drive in general. If you install solar panels and drive an electric car, you can vastly cut back on your carbon dioxide emissions by charging your car at home. In fact, if you adopt solar power, you could look forward to lowering your carbon dioxide emissions by about 100 pounds each year. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.