14 Best Solar Companies in Lewisboro, NY (Aug 2022 Review)

The Cost and Benefits of Solar in Lewisboro

When deciding on a solar company, most homeowners or business owners wonder about the costs above all. There are a few factors you should take into consideration when trying to figure out costs and your potential savings, including:

• Incentives: Those who buy and install a solar energy system this year can save 26% of their overall solar costs by taking advantage of the federal solar investment tax credit. You can also save about $17,000 on your utility bills over 20 years excluding incentives.
• How much power your household needs: If your home regularly uses a lot of energy, you'll reap more rewards from installing solar panels.
• Your income and budget: This affects what type of solar panels you can get.
• How much energy costs for you: The average family in Lewisboro spends around $760 a year on power alone, so you could gain that much in savings.

Although a solar panel system costs a sizable chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on a number of factors, including the kind of solar panels you get and your energy consumption.

Solar Incentives in Lewisboro

Adopting solar power has many considerable benefits. Not only can it help protect the planet, but you can also save a decent amount of money on your installation with various government incentives. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially use the ITC with other state and city rebates and benefits. For detailed information about local incentives, see the table below.

Environmental Impact of Switching to Solar in Lewisboro

There are a few big reasons why many people want to invest in solar energy: to put more money in their bank account and to help the planet. You may be asking yourself — how much does making the switch help the planet anyway? How much energy you use is a key factor to consider. The more electricity your household consumes, the larger your impact when you make the switch to solar power. Although solar panel production emits carbon dioxide, the panels make up for it by significantly lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Lewisboro, you can reduce your carbon footprint by 20 pounds a year with solar panels. If you want to do what you can for the environment, you'll likely recognize that there are many good things about adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is more valuable.