17 Best Solar Companies in Pelham Manor, NY (Feb 2023 Review)

The Cost and Benefits of Solar in Pelham Manor

The cost of putting up a solar panel system has dropped immensely in the past several years, but it's still a substantial investment for most homeowners. There are a few factors you should take into consideration when determining the overall cost and how much you can save, including:

• How much sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panels won't be able to make as much energy, which will give you lower savings on electric bills than a roof that gets lots of sunlight.
• Your current power bills: Solar panels can dramatically reduce, or totally eliminate, your utility bills. In Pelham Manor, you can save an average of $111 a month.
• Incentives: Something 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 money on your energy bills, which can result in an average of $30,000 of savings over 20 years.
• The model of solar panels you can purchase: This is dependent on your income and budget.

As a result of solar panels now being cheaper than ever as well as several solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Pelham Manor

Because solar power is more sustainable than fossil fuels, there are some government incentives in place to encourage people to make the switch. There are several federal, state and local rebates and tax credits that let you earn some money in return after paying for solar panels. Our article on solar incentives goes over more in-depth information on the incentives you can take advantage of in Pelham Manor.

Environmental Impact of Switching to Solar in Pelham Manor

There are a few primary reasons why many people are interested in solar energy: to put more money in their bank account and to help the planet. But how much can switching to solar actually help the environment? A key thing to be mindful of is your overall carbon footprint. For example, if your commute is very long, your footprint may be larger, so adopting solar energy for your home can help offset that. Since solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good trade for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 50 pounds each year. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.