15 Best Solar Companies in Lake Ronkonkoma, NY (Feb 2023 Review)

The Cost and Benefits of Solar in Lake Ronkonkoma

The cost of installing a solar panel system has gone down greatly over the past several years, but it's still a significant investment for most homeowners. The installation cost is just one important factor you should consider when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• How much energy costs for you: The typical family in Lake Ronkonkoma pays around $900 a year on electricity alone, so you could gain that much in savings.
• The type of solar panels you have the money for: This hinges on your income and budget.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $22,000 over 20 years with your solar panels, too.
• Energy consumption: Installing solar panels may be an expensive investment for homes that don't need a good amount of energy each month.

Though a solar panel system costs a good chunk of money upfront, it can save you much more over time. The question of how much, though, depends on several factors, including the amount of daily direct sunlight available and your local electricity rates.

Solar Incentives in Lake Ronkonkoma

One of the great things about installing a solar panel system is receiving incentives from the government. These incentives normally include cash rebates, tax breaks and/or solar renewable energy credits. They can cut how much you end up spending on going solar by 30%, upwards of 50% in some cases. You can find out about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Lake Ronkonkoma

One of the best reasons to tap into solar power is to decrease your reliance on nonrenewable energy sources like burning fossil fuels, which are damaging for the environment. But — how much exactly can you help by using solar power? The more energy your household uses, the the more the environment will benefit from you switching to solar as you won't need to burn as many fossil fuels. Once you go solar, your carbon dioxide emissions can be reduced by about 100 pounds each year. If you want to do what you can for the environment, you'll likely recognize that there are many good things about adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is worth more.