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

The Cost and Benefits of Solar in Port Washington

Solar panels run off a free energy source — the sun — but to take advantage of this you will need to pay to install your system. There are a few factors you should take into consideration when trying to figure out costs and your potential savings, including:

• Where your home is: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• Your income and budget: This affects what kind of solar panels you can get.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 26% of the project cost. Your state and city may also have incentives and rebates that you can take advantage of. Additionally, you can save about $22,000 over 20 years on your utility bills, before factoring in incentives.
• How much electricity your home consumes: Homes that use lots of power each month may need more solar panels and, consequently, be more costly, but will also save more on their energy bills over time.

Though a solar panel system costs a good chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on a number of factors, such as the kind of solar panels you get and your current power bills.

Solar Incentives in Port Washington

To increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make solar more economically viable and accessible. There are quite a few federal, state and local rebates and tax credits that let you earn some money in return after installing a solar panel system. The table below lets you know about the incentives you can take advantage of in Port Washington.

Environmental Impact of Switching to Solar in Port Washington

Lots of people want to do their part to help save the planet, which often is the chief motivation to install a solar system. But — how much exactly can you help the environment by making the switch to solar? The more power your family uses, the better off the planet will be from you switching to solar as you won't have to burn as many fossil fuels. Since solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good swap for nonrenewable energy sources. In fact, you could reduce 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 the offset carbon emissions.