15 Best Solar Companies in Highland Falls, NY (Mar 2023 Review)

The Cost and Benefits of Solar in Highland Falls

We know that for most homeowners, the choice to invest in solar highly depends on installation costs. There are a few factors you should consider when trying to figure out how much it will cost and how much you can save, including:

• How much energy costs for you: The average family in Highland Falls pays around $980 a year on home energy use alone, so you could be looking at that much in savings.
• System size and type: Some models are more pricy than others, so the one you want to get can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• Energy consumption: Installing a solar system may be too steep of an option for families that don't consume a good amount of energy each month.
• Incentives: Something 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 utility bills, which can give you an average of $22,000 of savings over 20 years.

So is installing solar panels worth it? Whether you hope to reduce your electricity costs, carbon emissions or both, solar panels are a good investment for many Highland Falls homeowners.

Solar Incentives in Highland Falls

There are many reasons why you should switch to solar. One of them consists of some government incentives you can take advantage of. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also potentially stack the ITC with other state and city rebates and benefits. Check out our article on solar incentives to see what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Highland Falls

There are lots of reasons to switch to solar power, like saving money on electricity bills and helping to lower your carbon footprint. You may be wondering — how much does making the switch help the environment anyway? No matter where you are, you can help save the environment by switching to solar energy, but homes that use lots of energy will have an even bigger impact. In fact, if you make the switch to solar power, you could expect to reduce your carbon dioxide emissions by about 20 pounds each year. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.