11 Best Solar Companies in Vails Gate, NY (Mar 2023 Review)

The Cost and Benefits of Solar in Vails Gate

For many homeowners, whether or not you should invest in solar energy depends the most on the cost. Some key factors that dictate the cost of installing solar panels on your home and how much it could save you over time are:

• Your location: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Your power bills: This will dictate your savings. In Vails Gate, the average resident can save about $880 a year on their electricity bills.
• Incentives: Tax-paying citizens who buy and install a solar energy system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $19,000 on your electricity bills over 20 years without incentives.

So is a solar panel system worth it? Whether you'd like to decrease your electricity costs, carbon dioxide emissions or both, solar panels are a great investment for many Vails Gate homeowners.

Solar Incentives in Vails Gate

Although solar power is typically a big investment, it can save you a considerable amount of money over time because of reduced energy bills and government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much you paid for your solar installation when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some local incentives that can save you some extra money too. In our article on solar incentives, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Vails Gate

There are a few main reasons why homeowners want to invest in solar energy: to put more money in their bank account and to help the planet. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Vails Gate, though. One thing that can severely affect your carbon footprint is how long your commute is and how much you drive altogether. If you install solar panels and have an electric car, you can greatly cut back on your carbon dioxide emissions by charging your car at home. Because solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good trade for nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 20 pounds each year. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.