14 Best Solar Companies in Highlands, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Highlands

For a lot of homeowners, whether or not you should invest in a solar energy system depends the most on the cost. Some important factors that dictate the cost of installing solar panels on your home and how much it could save you over time are:

• The cost of energy for you: If your local energy rates are quite high, there's a better chance you'll end up with a higher return on your investment in solar panels. In Highlands, you can save an average of $85 a month on your electricity bills.
• System size and type: Some models are more pricy than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• Incentives: Tax-paying citizens who purchase and install a solar system this year can save 30% of their installation costs by using the federal solar investment tax credit. You can also save about $22,000 on your energy bills over 20 years not including incentives.
• The amount of sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar panel system won't be able to produce as much energy, which will leave you with lower savings on electric bills than someone with a roof that gets plenty of sunlight.

Although a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on several factors, like the size of your house and your energy consumption.

Solar Incentives in Highlands

If you're planning on switching to solar energy, a number of government incentives and solar rebates can greatly reduce your project costs and speed up the return on your investment. These incentives normally consist of cash rebates, tax benefits and/or solar renewable energy credits. They can reduce the cost of installing solar panels by 26 to 50% in some cases. Check out the table below to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Highlands

There are many reasons to make the switch to solar power, like saving money on utility bills and helping to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Highlands, though. The more energy you use, the the more the environment will benefit from you switching to solar since you won't need to use as much nonrenewable energy. When you go solar, your carbon dioxide emissions can be reduced by about 20 pounds every year. If you want to do your part for the environment, you'll likely get that there are many advantages to adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is invaluable.