- Slash your upfront solar panels cost by 55% with generous tax credits
- Save $1,000 to $2,500 per year on electricity bills with solar savings
- Protect yourself against future rate hikes from pseg long island or as previously known long island power authority
Are you a Long Island homeowner considering solar panels but worried about the upfront solar panels cost? You might be surprised to learn that going solar is more affordable than you think, thanks to generous solar tax credits and long-term electricity solar savings. Let’s dive into the numbers and dispel some common misconceptions about solar costs.
Solar Panels Cost on Long Island: The Real Numbers
While the average cost of a solar panels system on Long Island can range from $15,000 to $30,000, the actual price you pay will be significantly lower after factoring in tax credits and incentives. For example, popular REC or Silfab solar panels may have an initial price tag of $20,000, but that’s not the whole story.
Don’t Miss Out on These Solar Tax Credits
By combining the 30% federal solar tax credit and the 25% New York state solar tax credit, you can slash the cost of your solar installation by a whopping 55%! Here’s how it works:
- The 30% federal solar tax credit allows you to deduct 30% of your solar system’s cost from your federal taxes. This incentive is currently at its peak but may decrease in future years, so act now to maximize your solar savings!
- New York state offers an additional 25% solar tax credit for solar installations, capped at $5,000.
So, for $20,000 solar system, you’d be eligible for a $6,000 federal solar tax credit and a $5,000 state solar tax credit, bringing your net solar panels cost down to just $9,000. That’s an incredible deal!
Long-Term Solar Savings: Goodbye, High Utility Bills
Now that we’ve covered the upfront solar panels cost, let’s talk about the long-term solar savings. By generating your own clean electricity, you’ll significantly reduce your reliance on utility companies like pseg long island /long island power authority, which means lower monthly bills for you.
On average, Long Island homeowners can save between $1,000 and $2,500 per year on their electricity costs by going solar. If your annual electricity bill from pseg long island or long island power authority is $2,000, and your installed solar panels will generate enough power to offset that cost, you could potentially save $2,000 every year. At that rate, your $9,000 net investment in solar would pay for itself in just 4.5 years!
Over the 25+ year lifespan of your solar panels, you could save tens of thousands of dollars on electricity costs. Plus, you’ll be protected against future rate hikes from pseg long island or long island power authority.
Debunking Solar Affordability Myths
Despite the compelling financial benefits, some Long Island homeowners still have doubts about solar affordability. Let’s debunk a few common misconceptions:
“Solar is only for the wealthy.” False! With solar tax credits, incentives, and financing options, solar is accessible to homeowners across various income levels.
“I won’t live in my home long enough to see the solar savings.” Not true! With the significant solar tax credits and immediate electricity savings, you can start seeing a return on your investment in as little as 4-5 years.
“solar panels will hurt my home’s resale value.” Quite the opposite! Studies show that homes with solar panels sell faster and for more money than those without.
The bottom line? Going solar on Long Island is a smart financial move that can save you money both in the short and long term. Don’t let misconceptions hold you back from embracing clean, affordable energy.
Patriot Energy Solution: Your Trusted Long Island Solar Partner
Looking for a reputable solar company to guide you through the process? Look no further than Patriot Energy Solution. With years of experience helping Long Island homeowners go solar, Patriot Energy Solution offers top-quality installed solar panels, expert installation, and unparalleled customer service.
Visit their website to learn more about their solar solutions and how they can help you save money while reducing your carbon footprint. Don’t wait – start your solar journey today!
Ready to start saving with solar? Get a free, no-obligation quote from Patriot Energy Solution today!
Get a free, no-obligation quote today!
Imagine what you could do with an extra $2,000 per year. Start your solar savings journey today!
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Why choose Patriot Energy solutions?
Experienced solar expert.
With over a decade of expertise in solar, we confidently established in 2014 and have successfully installed near 2000 houses in Long Island and New York City.
Licensed & Certified
As NABCEP PVIP certified experts, we are recognized as one of the top solar installation companies in NYC and Long Island. Our passion for sustainable energy and commitment to excellence deliver top-notch solar solutions. With years of experience and industry knowledge, we help homeowners and businesses harness solar power effectively. Trust us to achieve your solar goals.
Solar Solutions for all roofs
At Patriot Energy, we offer high-quality rooftop solutions for all types of roofs. As a leading rooftop canopy company in New York, we provide top-notch service and unparalleled craftsmanship. Contact us today to create the perfect rooftop solution for your property.
Empower Your Savings with Inspiring Solar Bills from Our Happy Customers
Our customers have seen remarkable results by switching to solar energy. Two recent examples include PSEG and ConEdision bills which show 100% usage coverage and hundreds of dollars in savings. We are proud to offer reliable and efficient solar solutions to our clients.
Mrs. Hoyes
installed a 6kw solar panel system in Brooklyn in the year 2021.
