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

The Cost and Benefits of Solar in Old Westbury

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will first need to pay to install your system. 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 including:

• How much you spend on energy: The average family in Old Westbury spends around $900 a year on energy use alone, so you could end up with that much in savings.
• The amount of sunlight your roof gets: This, plus your roof configuration, affects affect how much electricity your solar panels can make.
• Your income and budget: This guides what kind of solar panels you can purchase.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall 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 $22,000 over 20 years with your solar system, too.

Solar is a valuable investment for most homeowners. You can generate your own electricity instead of paying for it from a utility company and benefit from solar tax credits and rebates, all while helping protect the environment.

Solar Incentives in Old Westbury

Although a solar power system is typically a big investment, it can save you a significant amount of money over several years because of smaller power bills and government incentives. State and city solar incentives vary by location and, sometimes, utility company. Many states offer rebates for solar power, in addition to the federal solar tax credit. The table below lists out the incentives you can benefit from in Old Westbury.

Environmental Impact of Switching to Solar in Old Westbury

There are a few key reasons why homeowners want to invest in solar energy: for the financial and environmental benefits. But you may be curious — how much exactly can you help the environment by making the switch to solar? One thing you should keep in mind is your overall carbon footprint. For example, if you spend lots of time commuting to work and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. In Old Westbury, the average person can reduce their carbon footprint by 100 pounds a year once they go solar. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.