8 Best Solar Companies in Westfield, NY (Jul 2022 Review)

The Cost and Benefits of Solar in Westfield

When picking a solar company, most homeowners or business owners care about the costs the most. A few key factors that dictate the cost of installing solar panels on your home and how much it could save you over time are:

• Your power bills: This will influence how much you can save. In Westfield, the average homeowner can save about $610 a year on their electricity bills.
• Electricity consumption: The average home in Westfield doesn't use much energy, and consequently may not see as many savings on their power bills.
• System size and type: Some models are more pricy than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 26% 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 $13,000 over the first 20 years with your solar system, too.

Even though a solar panel system costs a good chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on a number of factors, including the amount of daily direct sunlight available and incentives.

Solar Incentives in Westfield

One of the great things about installing a solar panel system is earning incentives from the government. When you install a solar panel system on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 26% of the cost of your solar panels. In addition, there may often be some regional incentives that you can use to further save. In the table below, you can find out about the incentives you qualify for in Westfield.

Environmental Impact of Switching to Solar in Westfield

Making the switch to solar power is a great way to do what you can for a more sustainable future. But how much can installing solar panels actually affect the environment? Switching to solar power is a great choice for the environment, due to the fact that the biggest source of greenhouse gas emissions in the U.S. is from burning fossil fuels for electricity, heat, and transportation — all of which can be powered by solar instead. Since solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good substitute for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 20 pounds each year. Since solar power is renewable and generates electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help preserve the planet.