14 Best Solar Companies in Lewisboro, NY (Jan 2023 Review)

The Cost and Benefits of Solar in Lewisboro

While solar panels can save you money on power bills over time, it's necessary to consider the upfront costs. A few main factors that determine how much it will cost to install solar panels on your home and how much money you could save over time include:

• Average daily sunlight: Since Lewisboro gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which affects how much your solar panels can save you on your electricity bills.
• System size and type: Some models are more costly than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Your current energy bills: Solar panels can dramatically reduce, or totally eradicate, your utility bills. In Lewisboro, you can save an average of $63 a month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total 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 $17,000 over 20 years with your solar system, too.

There are many wonderful benefits of solar even with the initial cost of installation. It can help the environment and your bank account. Plus, it can raise the value of your home, giving you even more benefits if you want to sell your home later.

Solar Incentives in Lewisboro

One of the great things about installing a solar panel system is earning incentives from the government. When you install a solar panel system on your house, you can claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Plus, there are often some state and city incentives that you can use to further cut back on the cost of solar of solar panels. Our article on solar incentives goes over more detailed information on the incentives you can take advantage of in Lewisboro.

Environmental Impact of Switching to Solar in Lewisboro

There are lots of reasons to trade traditional energy for solar power, like saving some money on electricity bills and helping to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Lewisboro, though. A key thing to keep in mind is your overall carbon footprint. For example, if you have a long commute, your footprint may be larger, so adopting solar energy for your home can help offset that. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good trade for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 20 pounds each year. Since energy from the sun is renewable and produces electricity without releasing carbon emissions, adding solar panels to your home is one easy step you can take to help the environment.