11 Best Solar Companies in Jericho, NY (Jan 2023 Review)

The Cost and Benefits of Solar in Jericho

We understand that for many homeowners, the decision to invest in solar depends on installation costs. Some significant things that affect the upfront cost and potential savings over time include:

• Average daily sunlight: Since Jericho gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which influences how much you can save on your energy bills.
• System size and type: Some models are more pricy than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your power bills, which can result in an average of $22,000 of savings over 20 years.
• How much energy costs for you: The typical family in Jericho pays around $900 a year on home energy use alone, so you could gain that much in savings.

Due to solar panels decreasing in cost as well as several solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Jericho

Although a solar power system is typically a large investment, it can save you much money over time because of reduced power bills and government incentives. There are a lot of federal, state and local rebates and tax credits that let you earn anywhere from 30% to 50% of your money in return after buying a qualifying system. Our article on solar incentives has more detailed information on the incentives you can take advantage of in Jericho.

Environmental Impact of Switching to Solar in Jericho

There are a few important reasons why many people want to invest in solar energy: to help their wallet and the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Jericho, though. The average person has a considerable carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions each year, and powering their home, it can be overwhelming to figure out what to do. Switching to solar is a practical thing you can do to help. Once you go solar, your carbon emissions can be reduced by about 100 pounds every year. The perks of solar power are abundant — just like solar power is! That's why so many homeowners have been happy with making the switch to solar.