18 Best Solar Companies in Newburgh, NY (Jan 2023 Review)

The Cost and Benefits of Solar in Newburgh

For many people considering switching to solar, the decision of which solar installer to hire comes down to prices. There are a few factors you should consider when determining costs and your potential savings, such as:

• The cost of electricity in your area: If your local power rates are high, there's a good chance you'll have a higher return on your investment in solar panels. In Newburgh, you can save an average of $74 a month on your electricity bills.
• 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 lets you deduct from your taxes a percentage of the project cost. You can also save on your utility bills, which can generate an average of $19,000 of savings over 20 years.
• The model of solar panel system you can afford: This is dependent on how much you're willing to spend upfront.
• Typical energy usage: The more energy your home uses on average and the larger your current energy bills are, the more money you could save by making the switch to solar.

Solar is a worthwhile investment for most homeowners. You can generate your own power instead of paying for it from a utility company and make use of solar tax credits and rebates, all while helping the Earth.

Solar Incentives in Newburgh

Adopting solar power has plenty of considerable benefits. Not only can it help preserve the environment, but you can also save some money on your installation with various government incentives. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows 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. Our article on solar incentives goes over more in-depth information on the incentives you can take advantage of in Newburgh.

Environmental Impact of Switching to Solar in Newburgh

There are many reasons to make the switch to solar energy, like saving on utility bills and helping to reduce your carbon footprint. But how much can installing solar panels actually affect the environment? One thing that can drastically affect your carbon footprint is how long your commute is and how much you drive altogether. If you switch to solar power and have an electric car, you can greatly decrease your carbon dioxide emissions by charging your car at home. In Newburgh, the average person can reduce their carbon footprint by 20 pounds a year after going solar. If you want to do what you can for the environment, you'll most likely recognize that there are many advantages to adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is invaluable.