17 Best Solar Companies in Hoosick, NY (2023 Reviews)

The Cost and Benefits of Solar in Hoosick

For many people considering switching to solar, the decision of which solar company to choose comes down to costs. A few main factors that dictate the cost of installing solar panels on your home and how much money you could save over time are:

• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of installing your solar panel system from your taxes. Additionally, not including incentives, you can save about $13,000 over 20 years on your energy bills.
• How much energy costs for you: The average household in Hoosick pays around $640 a year on energy use alone, so you could end up with that much in savings.
• Electricity consumption: The average home in Hoosick doesn't use much energy, and therefore may not see as many savings on their power bills.

Even though a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, such as the size of your house and your current power bills.

Solar Incentives in Hoosick

One of the benefits of installing a solar panel system is earning government incentives. You qualify 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. For detailed information about local incentives, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Hoosick

If you want to add solar panels to your home, one of the principal reasons why may be to reduce your carbon dioxide emissions. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Hoosick, though. A key thing to keep in mind is your overall carbon footprint. For example, if you have a long commute, your footprint may be greater, so switching to solar energy for your home can help offset that. When you go solar, your carbon emissions can be reduced by about 20 pounds every year. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.