18 Best Solar Companies in Miller Place, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Miller Place

For lots of homeowners, whether or not you should invest in solar panels depends the most on the cost. Some significant things that impact how much it will cost and how much you could save include:

• Your income and budget: This affects what type of solar panels you can purchase.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state and city may also have various incentives that you can use. Additionally, you can save about $22,000 over 20 years on your utility bills, before factoring in incentives.
• Average daily sunlight: Since Miller Place gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which impacts how much your electricity bills will be.
• How much energy costs for you: The average family in Miller Place shells out around $900 a year on home energy use alone, so you could be looking at that much in savings.

Solar is a fruitful investment for most homeowners. You can produce your own power instead of paying for it from the grid and benefit from solar incentives, all while helping preserve the Earth.

Solar Incentives in Miller Place

In an effort to increase solar panel installation and usage, federal and local governments — and even some utility companies — offer incentives to help make switching to solar power more financially viable and accessible. Local solar incentive programs depend on the location and, sometimes, utility company. Many states offer rebates for solar power, in addition to the federal solar tax credit. For comprehensive information about incentives that apply to you, see the table below.

Environmental Impact of Switching to Solar in Miller Place

There are a few main reasons why homeowners want to invest in solar energy: for the financial and environmental benefits. But how much can installing solar panels actually affect the environment? One thing to consider is your overall carbon footprint. For example, if you spend a lot of time in the car and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. Since solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good alternative to traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 100 pounds each year. For those who are worried about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.