11 Best Solar Companies in Walden, NY (Jan 2023 Review)

The Cost and Benefits of Solar in Walden

The cost of putting up solar panels has gone down significantly over the past several years, but it's still a substantial investment for most homeowners. The overall price and potential savings vary depending on some key factors such as:

• Your power bills: This will dictate how much money you might save. In Walden, the average homeowner can save about $850 a year on their electricity bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $19,000 over 20 years with your solar panels, too.
• Whether or not your roof gets a lot of direct sunlight: This, plus the configuration of your roof, affects affect how much energy your solar panels can generate.
• System size and type: Some models are more costly than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.

So is a solar system worth it? Whether you'd like to lower your electricity costs, carbon emissions or both, solar panels are a worthwhile investment for many Walden homeowners.

Solar Incentives in Walden

To increase the number of homes and businesses that use solar power, federal, state and local governments — and even some utility companies — offer incentives to help make going solar more financially viable and accessible. State and city solar incentives vary by location and, sometimes, utility company. A lot of states offer rebates for home solar power systems, in addition to the federal solar tax credit. For detailed information about incentives for homeowners in Walden, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Walden

One of the best reasons to tap into solar power is to reduce your dependence on traditional energy sources like burning fossil fuels, which are hazardous for the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Walden, though. One thing that can drastically influence your carbon footprint is how long your commute is and how much you drive generally. If you switch to solar power and have an electric car, you can vastly cut back on your carbon dioxide emissions by charging your car at home. In Walden, the average homeowner can lower their carbon footprint by 20 pounds a year once they go solar. For those who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.