18 Best Solar Companies in Valley Cottage, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Valley Cottage

For most homeowners, whether or not you should invest in a solar energy system depends the most on the cost. Some significant things that determine the cost and possible savings include:

• Average daily sunlight: Since Valley Cottage gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much your solar panels can save you on your electricity bills.
• The make and model of solar panels you're thinking of getting: More efficient models are more highly priced, so that will affect your budget for your solar project.
• How much energy costs for you: The typical household in Valley Cottage spends around $1,100 a year on energy alone, so you could gain that much in savings.
• 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 $24,000 over the first 20 years with your solar system, too.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on a number of factors, such as the amount of daily direct sunlight available and your energy consumption.

Solar Incentives in Valley Cottage

Since solar power is better for the environment than burning fossil fuels, there are several government incentives available to encourage people to make the switch. When you install solar panels, you can take advatage of the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Plus, there may often be some regional incentives that you can use to further cut back on the cost of solar of solar panels. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Valley Cottage

If you're planning on adding solar panels to your home, one of the main reasons why may be to lower your carbon dioxide emissions. You may be asking yourself — how much does making the switch do for the planet anyway? One thing to keep in mind is your overall carbon footprint. For example, if you spend a lot of time on the road and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. Even though making solar panels emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Valley Cottage, you can reduce your carbon footprint by 20 pounds a year with solar panels. If you care about the environment, you'll most likely understand that there are many good things about adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is priceless.