18 Best Solar Companies in Yonkers, NY (Feb 2023 Review)

The Cost and Benefits of Solar in Yonkers

The cost of putting up a solar panel system has dropped greatly in the past several years, but it's still a substantial investment for most homeowners. Some key things that impact the cost and possible savings include:

• The amount of sunlight your house gets: Thanks to Yonkers' high amount of average daily sunlight, you should be able to save a decent amount on your electric bills.
• System size and type: Some models are more costly than others, so the one you want to get can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Your power bills: This will influence how much money you might save. In Yonkers, the average resident can save about $1,300 a year on their electricity bills.
• Incentives: The federal solar investment tax credit currently allows you to decrease 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 $30,000 over 20 years on your utility bills, without incentives.

There are several good benefits of solar despite the upfront cost of installation. It can help the Earth and your bank account. Additionally, it can boost the value of your home, resulting in even more benefits if you decide to sell your home later.

Solar Incentives in Yonkers

In order to increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make going solar more financially viable and accessible. There are quite a few federal, state and local rebates and tax credits that let you earn a decent amount of money in return after installing solar panels. Take a look at our article on solar incentives to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Yonkers

There are a few main reasons why people are considering solar energy: to put more money in their bank account and to help the planet. You may be asking yourself — how much does going solar do for the environment anyway? In a place like Yonkers where commute times can be very long, going solar can help help reduce the carbon footprint of being on the road a lot. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 50 pounds each year. Since solar power is abundant and produces electricity without releasing carbon emissions, installing solar panels is one easy step you can take to help preserve the environment.