13 Best Solar Companies in Yorktown, NY (Aug 2022 Review)

The Cost and Benefits of Solar in Yorktown

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you must first pay to set up your system. There are several factors you should take into consideration when trying to figure out how much it will cost and how much you can save, such as:

• System size and type: Some models are more costly than others, so the one you want can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• Your energy bills: This will determine how much money you might save. In Yorktown, the average homeowner can save about $1,000 a year on their electricity bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 26% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $23,000 over 20 years with your solar panels, too.
• Electricity consumption: The average household in Yorktown doesn't use much energy, and as a result may not see as many savings on their power bills.

Even though a solar panel system costs a decent chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on several factors, including the size of your house and your local electricity rates.

Solar Incentives in Yorktown

To increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make solar power more affordable and accessible. In addition to the federal tax credit incentive, there are also some state- and city-level incentives, which in the majority of cases, can be claimed in addition to the federal incentive, so you can save even more. In the table below, you can see the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Yorktown

An important reason so many people consider going solar is to help bring down their environmental impact. But — how much exactly can you help the planet by going solar? Switching to clean energy for electricity in place of burning fossil fuels is an effective way to reduce carbon dioxide emissions if you're worried about Yorktown's fair level of greenhouse gas emissions. While solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by considerably reducing the amount of CO2 you would have released if you still used traditional energy. In Yorktown, you can reduce your carbon footprint by 50 pounds a year with solar panels. For people who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.