17 Best Solar Companies in Valley Stream, NY (Mar 2023 Review)

The Cost and Benefits of Solar in Valley Stream

While solar panels can save you money on energy over time, it's important to consider the upfront costs. There are quite a few factors you should consider when trying to figure out how much it will cost and how much you can save, including:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $28,000 over 20 years with your solar panels, too.
• How much sunlight your roof gets: This, plus the configuration of your roof, affects affect how much energy your solar panels can generate.
• Your energy bills: This will dictate how much money you might save. In Valley Stream, the average homeowner can save about $1,100 a year on their electricity bills.
• Choice of solar panels: The type of solar panels you choose 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 go with a higher number of more affordable panels.

So is buying solar panels worth it? Whether you're trying to reduce your electricity costs, carbon emissions or both, solar panels are a solid investment for many Valley Stream homeowners.

Solar Incentives in Valley Stream

To increase solar panel installation and usage, incentives are offered by the government — and even some utility companies — to help make going solar more financially viable and accessible. There are several federal, state and local rebates and tax credits that may earn you anywhere from 30% to 50% of your money in return after paying for a qualifying system. For comprehensive information about local incentives, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Valley Stream

One of the most compelling reasons to switch to solar energy is to cut your reliance on nonrenewable energy sources like burning fossil fuels, which are hazardous for the environment. You may be wondering — how much do solar panels help the planet anyway? In a place like Valley Stream where commute times can be very long, installing solar panels can help help reduce the carbon footprint of driving. Because solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good swap for nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 50 pounds each year. Since solar power is abundant and produces electricity without a carbon footprint, installing solar panels is one easy step you can take to help preserve the environment.