18 Best Solar Companies in Paris, NY (2023 Reviews)

The Cost and Benefits of Solar in Paris

While solar panels can help save you money on electricity bills over time, it's important to take into consideration the upfront costs. The cost of solar and the savings it generates vary depending on some key factors such as:

• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save on your power bills, which can result in an average of $13,000 of savings over 20 years.
• The kind of solar panels you're thinking of getting: More high-tech panels have higher prices, so that will determine your budget for your solar project.
• Energy consumption: Installing solar panels may be too pricey an investment for families that don't use a lot of energy each month.
• How much energy costs for you: The typical household in Paris shells out around $620 a year on electricity alone, so you could end up with that much in savings.

Solar is a profitable investment for most homeowners. You can make your own electricity instead of paying for it from the grid and take advantage of solar incentives, all while helping preserve the planet.

Solar Incentives in Paris

If you're considering making the switch to solar power, various government incentives and tax credits can greatly bring down the installation costs and expedite the return on your investment. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much your solar project cost on your tax return, lowering 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. For more information about local incentives, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Paris

Going solar can have a beneficial impact on the environment. You may be trying to figure out — how much does making the switch do for the planet anyway? If your home uses lots of energy, you can help the environment even more by switching to solar power. When you go solar, your carbon footprint can be reduced by about 20 pounds a year. The benefits of solar power are infinite — just like solar power is! That's why so many homeowners have been happy with making the switch to solar.