14 Best Solar Companies in Halfmoon, NY (Mar 2023 Review)

The Cost and Benefits of Solar in Halfmoon

For many homeowners, whether or not to invest in a solar energy system boils down to the cost. A few important factors that determine how much it will cost to install solar panels on your home and how much money you could save over time include:

• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar panel system won't be able to generate as much energy, which will give you lower savings on power bills than a roof that gets a lot of sunlight.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of your solar system installation from your taxes. Plus, not including incentives, you can save about $13,000 over 20 years on your energy bills.
• Energy consumption: Solar may be too steep of an option for homes that don't need too much energy a month.
• Choice of solar panels: The kind of solar panels you want 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 you don't need to maximize efficiency, you can go with a higher number of more affordable panels.

Even though a solar panel system costs a decent 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, such as the size of your house and your current power bills.

Solar Incentives in Halfmoon

There are a lot of reasons why adopting solar power is beneficial. One of them involves some government incentives you can take advantage of. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much your solar project cost on your tax return, reducing the amount of taxes you owe that year. Additionally, there may be some local incentives that stack with the ITC too. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Halfmoon

Installing solar panels can have a positive impact on the environment. But how much can switching to solar actually affect the environment? No matter where you are, you can help save the planet by switching to solar energy, but homes that consume lots of energy will have an even greater impact. Once you go solar, your carbon dioxide emissions can be lowered by about 20 pounds each year. Since solar power is renewable and makes electricity without CO2 emissions, making the switch to solar power is one easy step you can take to help preserve the environment.