18 Best Solar Companies in South Lockport, NY (Feb 2023 Review)

The Cost and Benefits of Solar in South Lockport

We know that for many homeowners, the choice to invest in solar highly depends on installation costs. Some significant things that influence how much it will cost and how much you could save include:

• Electricity consumption: The average home in South Lockport doesn't use much energy, and as a result may not see as many savings on their power bills.
• Your income and budget: This determines what kind of solar panels you can purchase.
• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state and city may also have various incentives that you can benefit from. Additionally, you can save about $14,000 over 20 years on your utility bills, before factoring in incentives.
• Average daily sunlight: Since South Lockport 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.

Thanks to the cost of solar panels being lower than before as well as local and federal solar incentives, they are a cost-effective investment for the majority of homeowners.

Solar Incentives in South Lockport

Although a solar power system is typically a large investment, it can save you much money over time due to lower utility bills and government incentives. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much you paid for your solar installation on your tax return, reducing the amount of taxes you owe that year. Plus, there may be some local incentives you can benefit from too. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in South Lockport

Lots of people want to do what they can for the planet, which for many is the main reason for installing a solar system. You may be trying to figure out — how much does making the switch do for the planet anyway? One thing you should keep in mind is your overall carbon footprint. For example, if you spend a lot of time in the car and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. In fact, if you adopt solar power, you could look forward to lowering your carbon dioxide emissions by about 20 pounds each year. As you can see, using solar power has so many other perks outside of saving money. One of the major ones is that you can help save the environment too.