14 Best Solar Companies in New City, NY (Feb 2023 Review)

The Cost and Benefits of Solar in New City

Although solar panels can help save you money on energy bills over time, it's necessary to consider the startup costs. A few key factors that determine how much it will cost to install solar panels on your home and how much money you could save over time include:

• 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 local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $24,000 over the first 20 years with your system, too.
• The amount of sunlight your rooftop gets: Due to New City's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• Energy consumption: Installing solar panels may be an expensive option for homes that don't use a lot of energy each month.
• Choice of solar panels: The kind of solar panels you want 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 you don't need to maximize efficiency, you can go with a higher number of more affordable panels.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on a number of factors, like the kind of solar panels you get and incentives.

Solar Incentives in New City

Although installing solar panels is typically a big investment, it can save you a lot of money over several years due to smaller energy bills and government incentives. In addition to the federal tax credit incentive, there are also some state- and city-level benefits, which in most cases, can be claimed in addition to the federal incentive, so you get to save even more. Our article on solar incentives goes over more in-depth information on the incentives you can benefit from in New City.

Environmental Impact of Switching to Solar in New City

One of the best reasons to tap into solar energy is to minimize your reliance on traditional energy sources like burning fossil fuels, which are hazardous for the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in New City, though. The average person has a sizable carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions every year, and energy for their home, it can be overwhelming to figure out what to do. Going solar is one of the easiest things you can do to help. In New City, the average person can lower their carbon footprint by 20 pounds a year after going solar. For those who are worried about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.