16 Best Solar Companies in Wappinger, NY (2023 Reviews)

The Cost and Benefits of Solar in Wappinger

The cost of putting up solar panels has dropped greatly in the past few years, but it's still a significant investment for most homeowners. Some significant things that determine the cost and possible savings include:

• How much energy you use: If your household regularly uses a lot of energy, you'll reap more rewards from going solar.
• Your household's power bills: Because of high monthly power bills in Wappinger, you could save about $830 a year with solar.
• The type and model of solar panels you want: More efficient models have higher prices, so that will affect your budget for your solar project.
• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can use. Plus, you can save about $18,000 over 20 years on your utility bills, before factoring in incentives.

There are lots of good benefits of solar in spite of the initial cost of installation. It can help the environment and your bank account. Additionally, it can increase the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in Wappinger

If you're thinking about making the switch to solar energy, a variety of government incentives and tax credits can immensely lower the installation costs and speed up the return on your investment. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly use the ITC with other state and city rebates and benefits. In our article on solar incentives, you can read about the incentives you qualify for in Wappinger.

Environmental Impact of Switching to Solar in Wappinger

Switching to solar energy can have a beneficial effect on the environment. But how much can installing solar panels actually help the environment? In a city like Wappinger where commute times can be very long, using solar power can help offset some of your carbon dioxide emissions from driving a lot. Even though solar panel manufacturing emits carbon dioxide, the panels make up for it by considerably reducing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Wappinger, you can reduce your carbon footprint by 20 pounds a year with solar panels. For people who are worried about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.