11 Best Solar Companies in Port Jefferson, NY (Aug 2022 Review)

The Cost and Benefits of Solar in Port Jefferson

For most homeowners, whether or not to invest in solar energy comes down to the cost. Some key factors that dictate the cost of installing solar panels on your home and how much it could save you over time are:

• The type and model of solar panels you want to get: More high-tech panels have higher prices, so that will influence your budget for your solar project.
• average energy usage: The more power your home uses on average and the greater your current power bills are, the more benefits you'll see from going solar.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 26% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $22,000 over 20 years with your system, too.
• Your power bills: This will determine your savings. In Port Jefferson, the average resident can save about $900 a year on their electricity bills.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on a number of factors, like the amount of daily direct sunlight available and incentives.

Solar Incentives in Port Jefferson

If you're planning on making the switch to solar power, various government incentives and solar rebates can dramatically lower the installation costs and expedite the return on your investment. When you install a solar panel system on your home, you can take advatage of the federal tax credit, or ITC. This credit currently reduces your tax bill by 26% of the cost of your solar panels. In addition, there are often some local incentives that you can use to further cut back on the cost of solar of solar panels. For more information about incentives for homeowners in Port Jefferson, check out the table below.

Environmental Impact of Switching to Solar in Port Jefferson

Lots of people want to do what they can for the planet, which in many cases is the main reason for installing a solar system. Something many homeowners might have in mind is how much can they really help preserve the environment by going solar anyway? One thing you should keep in mind is your overall carbon footprint. For example, if you spend a lot of time in the car and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 100 pounds each year. For people who care about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.