15 Best Solar Companies in Schenectady, NY (Jan 2023 Review)

The Cost and Benefits of Solar in Schenectady

Although solar panels can help save you a good amount of money on energy over time, it's important to know the upfront costs. There are quite a few factors you should consider when trying to determine the overall cost and how much you can save, such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $14,000 over the first 20 years with your system, too.
• Your income and budget: This determines what kind of solar panels you can get.
• The amount of sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar panel system won't be able to make as much energy, which will give you lower savings on power bills than a house with a roof that gets a lot of sunlight.
• Your current energy bills: Solar panels can dramatically decrease, or completely get rid of, your utility bills. In Schenectady, you can save an average of $54 a month.

Solar is a valuable investment for most homeowners. You can generate your own power instead of paying for it from the grid and benefit from solar tax credits and rebates, all while helping the planet.

Solar Incentives in Schenectady

Since solar power is more sustainable than burning fossil fuels, there are a number of government incentives in place to encourage people to make the switch. When you install solar panels on your home, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Plus, there are often some local incentives that you can use to further save. Take a look at our article on solar incentives to see what incentives are available to you.

Environmental Impact of Switching to Solar in Schenectady

If you're planning on adding solar panels to your home, one of the major reasons why may be to reduce your reliance on nonrenewable energy. But how much can switching to solar actually affect the environment? The more energy your house uses, the better off the planet will be if you switch to solar as you won't need to rely on traditional energy sources as much. In fact, if you install solar panels, you could be looking at reducing your carbon dioxide emissions by about 20 pounds each year. If you care about the environment, you'll most likely understand that there are many good things about adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is more valuable.