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

The Cost and Benefits of Solar in Milton

We understand that for lots of homeowners, the decision to invest in solar hinges on installation costs. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• How much energy you use: If your family regularly uses a lot of energy, you'll benefit more from installing solar panels.
• Your energy bills: This will dictate your savings. In Milton, the average resident can save about $630 a year on their electricity bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $13,000 over 20 years with your solar panels, too.
• The make and model of solar panels you're planning on getting: Higher-efficiency panels are more costly, so that will affect your budget for your solar project.

There are lots of good benefits of solar despite the initial cost of installation. It can help the environment and your wallet. Plus, it can raise the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in Milton

Although a solar power system is typically a big investment, it can save you much money over the lifespan of your solar panels because of smaller utility bills and government incentives. There are several federal, state and local rebates and tax credits that let you earn anywhere from 30% to 50% of your money in return after paying for a qualifying system. In our article on solar incentives, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Milton

Switching to solar energy can have a beneficial effect on the environment. Something many homeowners might be thinking about is how much can they really help save the environment by going solar anyway? Regardless of your location, you can help protect the environment by switching to solar energy, but homes that use more energy will have an even bigger impact. If you go solar, your carbon emissions can be reduced by about 20 pounds every year. As you can see, trading traditional energy for solar has so many other rewards beyond saving money. One of the main ones is that you can help save the planet too.