15 Best Solar Companies in Spring Valley, NY (Mar 2023 Review)

The Cost and Benefits of Solar in Spring Valley

For many homeowners, whether or not you should invest in a solar energy system boils down to the cost. Some key things that influence the upfront cost and potential savings over time include:

• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save money on your power bills, which can give you an average of $24,000 of savings over 20 years.
• System size and type: Some models are more pricy than others, so the one you decide on can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• The amount of sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar panels won't be able to make as much energy, which will leave you with lower savings on energy bills than a roof that gets a lot of sunlight.
• How much energy costs for you: The average household in Spring Valley shells out around $1,100 a year on power alone, so you could be looking at that much in savings.

Thanks to solar panels now being cheaper than ever as well as local and federal solar incentives, they are a solid investment for the majority of homeowners.

Solar Incentives in Spring Valley

Switching to solar power has lots of considerable benefits. Not only can it help preserve the planet, but you can also save a decent amount of money on your installation with various government incentives. There are a lot of federal, state and local rebates and tax credits that let you earn some money back after buying solar panels. Check out our article on solar incentives to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Spring Valley

Lots of people want to do their part to help save the planet, which for many is the chief reason they're interested in installing a solar system. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Spring Valley, though. 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 install solar panels on your home to power your EV and therefore help offset your carbon emissions. Though making solar panels emits carbon dioxide, the panels make up for it by considerably reducing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Spring Valley, you can reduce your carbon footprint by 20 pounds a year with solar panels. For people who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.