16 Best Solar Companies in Riverhead, NY (Jan 2023 Review)

The Cost and Benefits of Solar in Riverhead

Solar panels are powered by a free energy source — the sun — but to take advantage of this you first need to pay to set up your panels. There are several factors you should take into consideration when trying to determine the overall cost and how much you can save, such as:

• Choice of solar panels: The type of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $22,000 over 20 years with your solar system, too.
• Average daily sunlight: Since Riverhead gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which impacts how much your solar panels can save you on your electricity bills.
• How much you spend on energy: The average family in Riverhead pays around $900 a year on energy use alone, so you could end up with that much in savings.

So is a solar system worth it? Whether you're trying to reduce your electricity costs, greenhouse gas emissions or both, solar panels are a solid investment for many Riverhead homeowners.

Solar Incentives in Riverhead

There are many reasons why adopting solar power is beneficial. One of them consists of some government incentives that can save you money. There are several federal, state and local rebates and tax credits that earn anywhere from 30% to 50% of your money back after paying for a qualifying system. Take a look at our article on solar incentives to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Riverhead

Switching to solar energy can have a positive impact on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Riverhead, though. Your energy usage is an important factor to think about. The more energy you use, the bigger your impact when you make the switch to solar power. When you go solar, your carbon emissions can be lowered by about 100 pounds each year. As you can see, investing in solar has so many other rewards outside of saving money. One of the most important ones is that you can help save the environment too.