16 Best Solar Companies in Ramapo, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Ramapo

When picking a solar company, most homeowners or business owners think about the costs above all. A few important factors that dictate the cost of installing a solar panel system on your home and how much money you could save over time are:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% 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 $24,000 over the first 20 years with your solar panels, too.
• Electricity consumption: The average home in Ramapo doesn't use much energy, and therefore may not see as many savings on their power bills.
• How much 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 give you lower savings on electricity bills than someone with a roof that gets lots of sunlight.
• The model of solar panels you're planning on getting: More efficient models are more highly priced, so that will shape your budget for your solar project.

Though a solar panel system costs a decent 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, like the size of your house and incentives.

Solar Incentives in Ramapo

Since solar power is more sustainable than fossil fuels, there are several government incentives in place to encourage people to make the switch. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of your project costs when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some local incentives you can benefit from too. For comprehensive information about incentives that apply to you, check out the table below.

Environmental Impact of Switching to Solar in Ramapo

One reason so many are thinking of going solar is to help bring down their environmental impact. You may be wondering — how much does making the switch help the planet anyway? The average person has a considerable carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions each year, and powering their home, it can be overwhelming to figure out what to do. Going solar is one of the easiest things you can do to help. Because solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good trade for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 20 pounds each year. As you can see, using solar power has so many other benefits besides saving money. One of the main ones is that you can help save the Earth too.