18 Best Solar Companies in Oneida, NY (Mar 2023 Review)

The Cost and Benefits of Solar in Oneida

For many readers, the decision of which solar company to hire depends on total costs. The cost and possible savings vary depending on a few important factors such as:

• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of installing your solar panel system from your federal taxes. Additionally, not including incentives, you can save about $13,000 over 20 years on your energy bills.
• System size and type: Some models are more expensive than others, so the one you decide on can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• How much energy costs for you: If your local utility rates are high, there's a better chance you'll have a higher return on your investment in a solar system. In Oneida, you can save an average of $52 a month on your electricity bills.
• How much electricity your household consumes: Households that consume lots of power each month may require more solar panels and, as a result, be more costly, but will also enjoy more savings over time.

So is buying solar panels worth it? Whether you're trying to decrease your energy bills, carbon dioxide emissions or both, solar panels are a worthwhile investment for many Oneida homeowners.

Solar Incentives in Oneida

Adopting solar power has a lot of wonderful benefits. Not only can it help preserve the environment, but you can also save a decent amount of money on your installation with various government incentives. There are a lot of federal, state and local rebates and tax credits that let you earn some money in return after installing solar panels. Take a look at our article on solar incentives to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Oneida

If you want to add solar panels to your home, one of the major reasons why may be to reduce your reliance on nonrenewable energy. A question many might be thinking about is how much can they really help protect the environment by going solar anyway? In a city like Oneida where energy use is somewhat high, going solar is a great idea for homeowners who are eco-conscious. In fact, if you install solar panels, you could reduce your carbon dioxide emissions by about 20 pounds each year. For people who care about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.