17 Best Solar Companies in University At Buffalo, NY (Sep 2022 Review)

The Cost and Benefits of Solar in University At Buffalo

We get that for lots of homeowners, the choice to invest in solar rests on installation costs. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Energy consumption: Installing solar panels may be too pricey an investment for families that don't consume a lot of energy a month.
• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can take advantage of. Additionally, you can save about $13,000 over 20 years on your utility bills, before factoring in incentives.
• Your home's orientation toward the sun: This, and the configuration of your roof, affects affect how much energy your solar panels can make.
• Your power bills: This will impact how much you can save. In University At Buffalo, the average resident can save about $630 a year on their electricity bills.

So is installing solar panels worth it? Whether you're trying to decrease your energy bills, carbon emissions or both, solar panels are a worthwhile investment for many University At Buffalo homeowners.

Solar Incentives in University At Buffalo

If you're considering switching to solar power, a variety of government incentives and solar rebates can drastically lower your project costs and speed up the return on your investment. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of your project costs when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some local incentives you can benefit from too. The table below shows you the incentives you can take advantage of in University At Buffalo.

Environmental Impact of Switching to Solar in University At Buffalo

A lot of people want to do what they can to help the planet, which often is the main 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 University At Buffalo, though. Going solar is an impactful choice for the environment, due to the fact that the largest source of greenhouse gas emissions in the U.S. is from burning fossil fuels for electricity, heat, and transportation — all of which can be powered by solar instead. Because solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good trade for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 20 pounds each year. For those who want to help the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.