16 Best Solar Companies in Poughkeepsie, NY (Mar 2023 Review)

The Cost and Benefits of Solar in Poughkeepsie

While solar panels can help save you a good amount of money on utility bills over time, it's necessary to know the startup costs. The overall price and potential savings vary depending on a few key factors such as:

• Average daily sunlight: Since Poughkeepsie gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much you can save on your energy bills.
• Choice of solar panels: The type of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of your solar system installation from your federal taxes. Additionally, not including incentives, you can save about $19,000 over 20 years on your energy bills.
• Your energy bills: This will dictate how much you can save. In Poughkeepsie, the average homeowner can save about $880 a year on their electricity bills.

There are lots of good benefits of solar despite the upfront cost of installation. It can help the environment and your bank account. Additionally, it can boost the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in Poughkeepsie

Switching to solar power has a lot of wonderful benefits. Not only can it help protect the planet, but you can also save some money on your installation with various government incentives. When you install a solar panel system on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Plus, there may often be some state and city incentives that you can use to further save. In our article on solar incentives, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Poughkeepsie

If you're considering adding solar panels to your home, one of the main reasons why may be to lower your reliance on nonrenewable energy. You may be trying to figure out — how much do solar panels do for the environment anyway? A significant thing to be mindful of is your overall carbon footprint. For example, if your commute is very long, your footprint may be bigger, so switching to solar energy for your house can help offset that. If you go solar, your carbon emissions can be lowered by about 20 pounds every year. The great things about solar power are abundant — just like solar power is! That's why so many people have been happy with committing to solar.