13 Best Solar Companies in New Hempstead, NY (Jan 2023 Review)

The Cost and Benefits of Solar in New Hempstead

For many readers, the decision of which solar company to go with comes down to how much it'll cost. 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:

• Incentives: Those who buy and install a solar system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $24,000 on your electricity bills over 20 years excluding incentives.
• The amount of sunlight your house gets: Thanks to New Hempstead's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• Choice of solar panels: The kind of solar panels you are interested in getting 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.
• Your current energy bills: Solar panels can substantially lower, or entirely get rid of, your utility bills. In New Hempstead, you can save an average of $90 a month.

As a result of solar panels now being cheaper than ever as well as various solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in New Hempstead

Since solar power is a cleaner source of energy than traditional energy sources, there are a number of government incentives available to encourage its adoption. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of your project costs on your tax return, reducing the amount of taxes you owe that year. Plus, there may be some state and city incentives that can save you some extra money too. Check out our article on solar incentives to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in New Hempstead

There are a few big reasons why people are interested in solar energy: for the good of their bank accounts and the planet. But how much can installing solar panels actually affect the environment? The average person has a rather large carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions a year, and energy for their home, it can be overwhelming to think about what to do. Installing solar panels is a practical thing you can do to help. Since solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good swap for nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 20 pounds each year. If you want to do what you can for the environment, you'll likely understand that there are many benefits of adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is priceless.