15 Best Solar Companies in Malverne, NY (Jan 2023 Review)

The Cost and Benefits of Solar in Malverne

For many people considering switching to solar, the decision of which solar installer to hire depends on how much it'll cost. Some significant things that influence the cost and possible savings include:

• The type of solar panel system you can afford: This hinges on how much you're willing to spend upfront.
• How much you spend on energy: If your local utility rates are high, there's a better chance you'll have a higher return on your investment in a solar panel system. In Malverne, you can save an average of $75 a month on your electricity bills.
• Average daily sunlight: Since Malverne gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much your solar panels can save you on your electricity bills.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state may also have various incentives that you can take advantage of. In addition, you can save about $22,000 over 20 years on your utility bills, before factoring in incentives.

Solar is a profitable investment for most homeowners. You can make your own power instead of paying for it from a utility company and make use of solar incentives, all while helping the Earth.

Solar Incentives in Malverne

Although solar power is typically a big investment, it can save you a substantial amount of money over time due to smaller power bills and government incentives. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also potentially pair the ITC with other local incentives. Check out our article on solar incentives to learn what incentives are available to you.

Environmental Impact of Switching to Solar in Malverne

Swapping traditional energy for solar is a compelling way to do your part for a more eco-friendly future. But — how much exactly can you help the planet by using solar power? In a city like Malverne where energy use is somewhat high, making the switch to solar power is a great plan for households who want to do their part for the environment. Because solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good swap for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 100 pounds each year. As you can see, investing in solar has so many other benefits besides saving money. One of the major ones is that you can help save the planet too.