12 Best Solar Companies in Washingtonville, NY (Mar 2023 Review)

The Cost and Benefits of Solar in Washingtonville

For the majority of homeowners, the decision to invest in solar panels comes down to the cost. There are quite a few factors you should take into consideration when trying to determine the overall cost and how much you can save, including:

• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can generate an average of $22,000 of savings over 20 years.
• How much you spend on energy: If your local power rates are quite high, there's a good chance you'll end up with a higher return on your investment in solar panels. In Washingtonville, you can save an average of $82 a month on your electricity bills.
• average energy usage: The more electricity your household uses on average and the greater your current electricity bills are, the more money you could save by making the switch to solar.
• Your income and budget: This guides what type of solar panels you can get.

There are lots of good benefits of solar despite the upfront cost of installation. It can help the Earth and your wallet. Plus, it can raise the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in Washingtonville

There are many reasons why adopting solar power is beneficial. One of them consists of some government incentives that can save you money. When you install a solar panel system on your home, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. In addition, there are often some regional incentives that you can benefit from to further save. For more information about local incentives, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Washingtonville

Swapping traditional energy for solar is a good way to do your part for a more eco-friendly future. But how much can installing solar panels actually affect the environment? In a city like Washingtonville where commute times can be very long, using solar power can help help reduce the carbon footprint of driving. In fact, if you install solar panels, you could reduce your carbon dioxide emissions by about 20 pounds each year. As you can see, using solar power has so many other benefits outside of saving money. One of the most important ones is that you can help save the planet too.