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

The Cost and Benefits of Solar in University Gardens

We know that for most homeowners, the choice to invest in solar rests on installation costs. The cost of solar and the savings it generates vary depending on some key factors such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $22,000 over the first 20 years with your solar system, too.
• Your location: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• The cost of electricity in your area: If your local power rates are high, there's a good chance you'll see a higher return on your investment in a solar panel system. In University Gardens, you can save an average of $75 a month on your electricity bills.

Thanks to solar panels decreasing in cost as well as local and federal solar incentives, they are a solid investment for the majority of homeowners.

Solar Incentives in University Gardens

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a significant amount of money in the long term due to reduced power bills and government incentives. 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. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in University Gardens

An important reason so many homeowners are considering switching to solar power is to help reduce their environmental impact. Something many people might be asking themselves is how much can they really help protect the environment by going solar anyway? How much energy you use is a significant factor to keep in mind. The more energy your home uses, the bigger your impact when you switch to solar energy. In fact, if you adopt solar power, you could reduce your carbon dioxide emissions by about 100 pounds each year. The advantages of solar power are abundant — just like solar power is! That's why so many people have been happy with committing to solar.