11 Best Solar Companies in Mohawk, NY (Jan 2023 Review)

The Cost and Benefits of Solar in Mohawk

The cost of putting up solar panels has dropped greatly over the past several years, but it's still a substantial investment for most homeowners. Some important things that impact the cost and possible savings include:

• Energy consumption: Installing solar panels may be a high-cost investment for households that don't consume a good amount of energy each month.
• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings 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.
• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can result in an average of $14,000 of savings over 20 years.
• Your power bills: This will impact your savings. In Mohawk, the average homeowner can save about $650 a year on their electricity bills.

Even though a solar panel system costs a decent chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on a number of factors, including the kind of solar panels you get and your local electricity rates.

Solar Incentives in Mohawk

Because solar power is better for the environment than traditional energy sources, there are a number of government incentives available to encourage people to make the switch. When you install a solar panel system on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Plus, there may often be some state and city incentives that you can use to further cut back on the cost of solar of solar panels. For detailed information about incentives that apply to you, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Mohawk

Switching to solar energy can have a meaningful impact on the environment. You may be wondering — how much does making the switch do for the planet anyway? For homeowners and business owners who want to help preserve the planet, going solar is a no-brainer, especially since Mohawk produces a fair amount of carbon dioxide emissions from its energy generation. Although making solar panels releases carbon dioxide emissions, the panels make up for it by significantly lowering the amount of CO2 you would have been responsible for if you still used traditional energy. In Mohawk, you can reduce your carbon footprint by 20 pounds a year with solar panels. The great things about solar power are abundant — just like solar power is! That's why so many homeowners have been happy with committing to solar.