16 Best Solar Companies in Lagrange, NY (Feb 2023 Review)

The Cost and Benefits of Solar in Lagrange

For many homeowners, whether or not you should invest in a solar energy system comes down to the cost. A few key factors that influence how much it will cost to install solar panels on your home and how much money you could save over time are:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $17,000 over the first 20 years with your solar panels, too.
• The cost of electricity in your area: If your local power rates are high, there's a better chance you'll have a higher return on your investment in a solar panel system. In Lagrange, you can save an average of $66 a month on your electricity bills.
• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• The amount of sunlight your house gets: Due to Lagrange's high amount of average daily sunlight, you should be able to save a decent amount on your power bills.

There are many great benefits of solar in spite of the initial cost of installation. It can help the planet and your bank account. In addition, it can increase the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in Lagrange

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a considerable amount of money in the long term due to reduced energy bills and 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 use the ITC with other state and city incentives. In our article on solar incentives, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Lagrange

There are a few important reasons why many people are considering solar energy: to put more money in their bank account and to help the planet. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Lagrange, though. The average person has a rather large carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions each year, and powering their home, it can be overwhelming to figure out what to do. Going solar is a simple thing you can do to help. In Lagrange, the average person can reduce their carbon footprint by 20 pounds a year once they go solar. For homeowners who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.