11 Best Solar Companies in Greece, NY (Oct 2022 Review)

The Cost and Benefits of Solar in Greece

We get that for many homeowners, the choice to invest in solar rests on installation costs. The overall price and potential savings vary depending on some key factors such as:

• The make and model of solar panels you're thinking of getting: Some are more expensive, so that will shape your budget for your solar project.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state may also have various incentives that you can take advantage of. Additionally, you can save about $16,000 over 20 years on your utility bills, without incentives.
• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar panel system won't be able to make as much energy, which will give you lower savings on electricity bills than someone with a roof that gets a lot of sunlight.
• Typical energy usage: The more electricity your home uses on average and the higher your current electricity bills are, the more likely you'll benefit from going solar.

Solar is a fruitful investment for most homeowners. You can generate your own energy instead of paying for it from the grid and take advantage of solar tax credits and rebates, all while helping the environment.

Solar Incentives in Greece

One of the great things about installing a solar panel system is receiving government incentives. When you install a solar panel system on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Plus, there are often some local incentives that you can take advantage of to further cut back on the cost of solar of solar panels. In the table below, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Greece

Installing solar panels is a great way to do your part for a more eco-friendly future. You may be wondering — how much does going solar do for the planet anyway? Using green energy for electricity instead of burning fossil fuels is an effective way to lower your carbon footprint if you're concerned about Greece's fair level of greenhouse gas emissions. Once you go solar, your carbon emissions can be reduced by about 20 pounds each year. As you can see, investing in solar has so many other perks outside of saving money. One of the major ones is that you can help save the Earth too.