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

The Cost and Benefits of Solar in Lewisboro

Solar panels run off a free energy source — the sun — but to take advantage of this you first need to pay to install your panels. Some main factors that determine the cost of installing solar panels on your home and how much money you could save over time are:

• Your income and budget: This affects what model of solar panels you can purchase.
• Where your home is: This influences how much sunlight your roof gets, which helps determine how many panels you need.
• Incentives: Those who purchase and install a solar system this year can save 30% of their total solar spend by using the federal solar investment tax credit. You can also save about $17,000 on your energy bills over 20 years not including incentives.
• Your home's power bills: Due to high monthly power bills in Lewisboro, you could save about $760 a year with solar.

Even though a solar panel system costs a good chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on several factors, such as the angle of your roof and incentives.

Solar Incentives in Lewisboro

Although installing solar panels is typically a large investment, it can save you much money in the long term because of lower utility bills and government incentives. When you install solar panels on your home, you can take advatage of the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Additionally, there are often some local incentives that you can benefit from to further cut back on the cost of solar of solar panels. For detailed information about incentives for homeowners in Lewisboro, check out the table below.

Environmental Impact of Switching to Solar in Lewisboro

One of the best reasons to use solar energy is to reduce your dependence on traditional energy sources like burning fossil fuels, which are harmful for the environment. But how much can switching to solar actually help the environment? One thing that can severely shape your carbon footprint is your commute time and how much you drive overall. If you install solar panels and drive an electric car, you can vastly lower your carbon dioxide emissions by charging your car at home. Because solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 20 pounds each year. The good things about solar power are abundant — just like solar power is! That's why so many homeowners have been happy with using solar energy.