16 Best Solar Companies in Montauk, NY (Oct 2022 Review)

The Cost and Benefits of Solar in Montauk

The cost of putting up solar panels has gone down immensely in the past few years, but it's still a substantial investment for most homeowners. The installation cost is just one important factor you should consider when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• System size and type: Some models are more costly than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Your energy bills: This will affect your savings. In Montauk, the average homeowner can save about $900 a year on their electricity bills.
• How much sunlight your roof gets: This, along with the configuration of your roof, affects affect how much electricity your solar panels can make.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $22,000 over 20 years with your system, too.

There are several wonderful benefits of solar in spite of the upfront cost of installation. It can help the environment and your finances. Plus, it can raise the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in Montauk

Although installing solar panels is typically a large investment, it can save you a lot of money over time because of lower power bills and government incentives. There are quite a few federal, state and local rebates and tax credits that may earn you some money in return after installing a solar panel system. You can learn about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Montauk

An important reason so many homeowners consider adopting solar energy is to help reduce their environmental impact. But how much can using solar energy instead of traditional energy actually affect the environment? No matter where you are, you can help save the environment by switching to solar energy, but homes that consume a lot of energy will have an even bigger impact. After you go solar, your carbon emissions can be lowered by about 100 pounds a year. As you can see, trading traditional energy for solar has so many other benefits apart from saving money. One of the major ones is that you can help save the Earth too.