18 Best Solar Companies in Le Roy, NY (Feb 2023 Review)

The Cost and Benefits of Solar in Le Roy

Even though solar panels can save you a good amount of money on power bills over time, it's necessary to know the startup costs. Some significant things that influence the upfront cost and potential savings over time include:

• Where your home is: This affects how much sunlight your roof receives, which helps determine how many panels you need.
• Your current energy bills: Solar panels can dramatically decrease, or entirely eradicate, your utility bills. In Le Roy, you can save an average of $54 a month.
• Choice of solar panels: The type of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Incentives: One thing that can make your solar project cost less 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 money on your energy bills, which can result in an average of $14,000 of savings over 20 years.

So are solar panels worth it? Whether you want to reduce your energy bills, carbon emissions or both, solar panels are a worthwhile investment for many Le Roy homeowners.

Solar Incentives in Le Roy

To increase solar panel installation and usage, federal, state and local governments — and even some utility companies — offer incentives to help make going solar more economical and accessible. There are quite a few federal, state and local rebates and tax credits that earn anywhere from 30% to 50% of your money back after installing a qualifying system. 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 Le Roy

One of the most compelling reasons to switch to solar energy is to decrease your dependence on nonrenewable energy sources like burning fossil fuels, which are damaging for the environment. You may be asking yourself — how much does making the switch help the planet anyway? 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 simple thing you can do to help. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good swap for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 20 pounds each year. For homeowners who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.