17 Best Solar Companies in Mayfield, NY (Mar 2023 Review)

The Cost and Benefits of Solar in Mayfield

When choosing a solar company, most homeowners or business owners worry about the costs the most. Some important things that influence the upfront cost and potential savings over time include:

• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can take advantage of. In addition, you can save about $14,000 over 20 years on your utility bills, before factoring in incentives.
• The cost of energy for you: If your local electricity rates are high, there's a good chance you'll have a higher return on your investment in a solar panel system. In Mayfield, you can save an average of $54 a month on your electricity bills.
• Your city: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• Choice of solar panels: The type of solar panels you choose 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 space isn't a constraint for your project, you can go with a higher number of more affordable panels.

So are solar panels worth it? Whether you're trying to reduce your electricity costs, greenhouse gas emissions or both, solar panels are a great investment for many Mayfield homeowners.

Solar Incentives in Mayfield

There are many good reasons why going solar is a great investment. One of them involves some government incentives you can take advantage of. 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 stack the ITC with other local incentives. For more information about local incentives, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Mayfield

One of the reasons so many are considering switching to solar power is to help bring down their environmental impact. You may be asking yourself — how much does going solar help the environment anyway? A significant thing to consider is your overall carbon footprint. For example, if you spend a lot of time driving to work, your footprint may be bigger, so adopting solar power for your house can help offset that. In fact, if you install solar panels, you could be looking at reducing your carbon dioxide emissions by about 20 pounds each year. As you can see, going solar has so many other benefits outside of saving money. One of the main ones is that you can help save the Earth too.