12 Best Solar Companies in Port Washington, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Port Washington

Solar panels run off a free energy source — the sun — but before you can take advantage of this you first need to pay to install your panels. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Your energy bills: This will influence how much money you might save. In Port Washington, the average homeowner can save about $900 a year on their electricity bills.
• Incentives: Something that can reduce the cost of 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 power bills, which can lead to an average of $22,000 of savings over 20 years.
• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar panel system won't be able to generate as much energy, which will leave you with lower savings on electric bills than a roof that gets plenty of sunlight.
• Choice of solar panels: The type of solar panels you need will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.

Though a solar panel system costs a good chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on several factors, including the amount of daily direct sunlight available and your local electricity rates.

Solar Incentives in Port Washington

Although installing solar panels is typically a large investment, it can save you a substantial amount of money in the long term due to reduced utility bills and government incentives. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much you paid for your solar installation on your tax return, reducing the amount of taxes you owe that year. In addition, there may be some state and city incentives you can benefit from too. Check out the table below to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Port Washington

There are tons of reasons to switch to solar energy, like saving some money on electricity bills and helping to lower your carbon footprint. You may be trying to figure out — how much do solar panels do for the environment anyway? In a city like Port Washington where commute times can be very long, using solar power can help offset some of your carbon dioxide emissions from driving a lot. Even though making solar panels emits carbon dioxide, the panels make up for it by significantly lowering the amount of CO2 you would have released if you still used nonrenewable energy. In Port Washington, you can reduce your carbon footprint by 100 pounds a year with solar panels. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.