17 Best Solar Companies in Spackenkill, NY (Oct 2022 Review)

The Cost and Benefits of Solar in Spackenkill

The cost of putting up a solar panel system has decreased greatly over the past several years, but it's still a large investment for most homeowners. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Your income and budget: This guides what type of solar panels you can buy.
• Your location: This affects how much sunlight your roof receives, which helps determine how many panels you need.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. Plus, not including incentives, you can save about $19,000 over 20 years on your energy bills.
• Your home's power bills: Due to high monthly electricity bills in Spackenkill, you could save about $880 a year with solar.

Because of solar panels now being cheaper than ever as well as several solar incentives, they are a solid investment for most homeowners.

Solar Incentives in Spackenkill

To increase solar panel installation and usage, incentives are offered by the government — and even some utility companies — to help make switching to solar power more financially viable and accessible. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also potentially pair the ITC with other local rebates and benefits. Take a look at the table below to see what incentives are available to you.

Environmental Impact of Switching to Solar in Spackenkill

There are a few primary reasons why homeowners are interested in solar energy: for the financial and environmental benefits. You may be trying to figure out — how much does making the switch do for the planet anyway? One thing you should consider is your overall carbon footprint. For example, if you spend lots of time commuting to work and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. Although solar panel manufacturing emits carbon dioxide, the panels make up for it by significantly lowering the amount of CO2 you would have released if you still used traditional energy. In Spackenkill, you can reduce your carbon footprint by 20 pounds a year with solar panels. For those who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.