15 Best Solar Companies in Pelham, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Pelham

We get that for many homeowners, the choice to invest in solar comes down to installation costs. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Incentives: Something that can save you money on your solar project 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 money on your utility bills, which can result in an average of $30,000 of savings over 20 years.
• Your income and budget: This guides what type of solar panels you can purchase.
• The amount of sunlight your home gets: Due to Pelham's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• Typical energy usage: The more electricity your household uses on average and the greater your current electricity bills are, the more money you could save by making the switch to solar.

Although a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on several factors, including the size of your solar panel system and your energy consumption.

Solar Incentives in Pelham

One of the benefits of installing a solar panel system is earning incentives from the government. These incentives normally consist of cash rebates, tax breaks and/or solar renewable energy credits. They can reduce the cost you pay for installing solar panels by 26 to 50% in some cases. For detailed information about incentives for homeowners in Pelham, check out the table below.

Environmental Impact of Switching to Solar in Pelham

There are a few big reasons why people want to invest in solar energy: for the good of their bank accounts and the planet. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Pelham, though. The average person has a sizable carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions a year, and energy for their home, it can be overwhelming to figure out what to do. Going solar is a simple thing you can do to help. Because solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good alternative to traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 50 pounds each year. If you want to do what you can for the environment, you'll likely understand that there are many good things about adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is priceless.