18 Best Solar Companies in Hempstead, NY (Mar 2023 Review)

The Cost and Benefits of Solar in Hempstead

For many people, the decision of which solar installer to hire depends on costs. There are quite a few factors you should take into consideration when trying to determine costs and your potential savings, such as:

• How much energy costs for you: If your local energy rates are high, there's a better chance you'll end up with a higher return on your investment in solar panels. In Hempstead, you can save an average of $80 a month on your electricity bills.
• 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. In addition, not including incentives, you can save about $24,000 over 20 years on your energy bills.
• Your income and budget: This affects what kind of solar panels you can afford.
• The amount of sunlight your area gets: Due to Hempstead's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.

So is a solar panel system worth it? Whether you hope to reduce your energy bills, greenhouse gas emissions or both, solar panels are a good investment for many Hempstead homeowners.

Solar Incentives in Hempstead

If you're planning on making the switch to solar power, several government incentives and tax credits can immensely bring down the cost of the project and expedite the return on your investment. When you install a solar panel system, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Plus, there are often some regional incentives that you can benefit from to further save. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Hempstead

Many want to do what they can to help save the planet, which often is the main reason they're interested in installing a solar system. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Hempstead, though. In a place like Hempstead where commute times can be very long, going solar can help offset some of your carbon dioxide emissions from being on the road a lot. In Hempstead, the average resident can reduce their carbon footprint by 50 pounds a year after going solar. If you want to do your part for the environment, you'll likely get that there are many good things about adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is more valuable.