18 Best Solar Companies in Newburgh, NY (Oct 2022 Review)

The Cost and Benefits of Solar in Newburgh

When deciding on a solar company, most homeowners or business owners worry about the costs above all. There are several factors you should take into consideration when trying to determine how much it will cost and how much you can save, including:

• Where your home is: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• 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 will help you save even more. Excluding incentives, you can save an average of $19,000 over 20 years with your solar system, too.
• System size and type: Some models are more costly than others, so the one you want to get can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• How much energy you use: If your home regularly uses a lot of energy, you'll benefit more from going solar.

There are lots of wonderful benefits of solar despite the upfront cost of installation. It can help the Earth and your bank account. Plus, it can raise the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in Newburgh

Although installing solar panels is typically a big investment, it can save you a lot of money over time because of smaller utility bills and government incentives. These incentives mostly take the form of cash rebates, tax credits and/or solar renewable energy credits. They can reduce how much you pay for installing solar panels by 30%, upwards of 50% in some cases. In our article on solar incentives, you can find out about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Newburgh

A lot of people want to do their part to help protect the planet, which often is the chief motivation to install a solar system. But — how much exactly can you help the planet by making the switch to solar? The EPA reports that electricity generation is the second largest source of greenhouse gas emissions and about 62% of our electricity is produced by burning fossil fuels. Installing solar panels and switching to renewable energy can help put a dent in that number in a city like Newburgh that produces a fair amount of carbon dioxide emissions each year. If you go solar, your carbon footprint can be cut by about 20 pounds every year. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.