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

The Cost and Benefits of Solar in Jamestown

Solar panels run off a free energy source — the sun — but before you can take advantage of this you first need to pay to install your panels. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• The model of solar panels you can purchase: This hinges on your income and budget.
• How much energy your household consumes: Households that need plenty of electricity each month may require more solar panels and, consequently, more upfront cost, but will also enjoy more savings over time.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can benefit from. In addition, you can save about $12,000 over 20 years on your utility bills, not including incentives.
• The cost of energy for you: If your local power rates are high, there's a good chance you'll get a higher return on your investment in solar panels. In Jamestown, you can save an average of $47 a month on your electricity bills.

Solar is a valuable investment for most homeowners. You can generate your own energy instead of paying for it from a utility company and benefit from solar incentives and rebates, all while helping preserve the planet.

Solar Incentives in Jamestown

There are many reasons why going solar is a great investment. One of them involves some government incentives that can save you money. When you install solar panels, you can claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. In addition, there may often be some local incentives that you can use to further cut back on the cost of solar of solar panels. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Jamestown

Many want to do what they can to help save the environment, which in many cases is the primary reason for installing a solar system. But how much can using solar energy instead of traditional energy actually help the environment? The EPA reports that electricity generation is the second greatest source of greenhouse gas emissions and about 62% of our electricity is generated by burning fossil fuels. Using solar power can help reduce that number in a city like Jamestown that generates a fair amount of carbon dioxide emissions each year. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good substitute for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 20 pounds each year. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.