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

The Cost and Benefits of Solar in Ridgeway

For a lot of homeowners, the decision to invest in solar energy boils down to the cost. Some significant things that influence the upfront cost and potential savings over time include:

• Average daily sunlight: Since Ridgeway gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which affects how much your electricity bills will be.
• Electricity consumption: The average household in Ridgeway doesn't use much energy, and therefore may not see as many savings on their power bills.
• Incentives: Those who purchase and install a solar energy system this year can save 30% of their solar installation costs by using the federal solar investment tax credit. You can also save about $15,000 on your electricity bills over 20 years not including incentives.
• How much you spend on energy: The typical family in Ridgeway shells out around $650 a year on energy use alone, so you could gain that much in savings.

There are lots of good benefits of solar despite the initial cost of installation. It can help the environment and your finances. Additionally, it can boost the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in Ridgeway

Because solar power is a cleaner source of energy than traditional energy sources, there are some government incentives available to encourage its adoption. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of your project costs on your tax return, reducing the amount of taxes you owe that year. Additionally, there may be some local incentives you can benefit from too. Take a look at our article on solar incentives to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Ridgeway

There are many reasons to switch to solar energy, like saving money on utility bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Ridgeway, though. Switching to green energy for electricity in place of using nonrenewable energy is an impactful way to reduce your carbon footprint if you're conscious of Ridgeway's fair level of greenhouse gas emissions. Although making solar panels emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have produced if you still used traditional energy. In Ridgeway, you can reduce your carbon footprint by 20 pounds a year with solar panels. For those who care about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.