Solar for Your Home: Benefits, Savings & Incentives
Installing solar panels in New York is one of the most effective ways to reduce your dependence on the grid and lower your monthly energy bills. While complete off-grid living isn’t realistic for most homeowners, most Solar Liberty customers see significant, measurable savings. Call or schedule your free solar evaluation online today.
How the Solar Evaluation Works
We collect basic information about your property, your current energy use, and your location. Based on your input, our quote will reveal:
- The recommended system size for your home
- Your projected payback period based on your location and usage
- CO2 reductions and other environmental benefits
- Expected energy savings
With a detailed list of state, federal, and local rebates and incentives included, we can calculate your potential savings for a solar installation.
The evaluation will give you deep insights into the environmental benefits of this important home upgrade. Not only will you learn about your possible reduction in greenhouse gas emissions, but you’ll also get an estimate of trees saved and other natural resources preserved.
What is a Solar Payback Period?
Your payback period is the amount of time that it will take for your solar installation to pay for itself. With ongoing energy savings, net metering programs, and generous rebates that offset the upfront costs of going solar, many solar systems pay for themselves within just 7 to 10 years. Our calculator uses real local data to give you the most accurate estimate possible.
Benefits of Using Solar Energy for Homeowners
According to the U.S. Department of Energy (DOE), for most residential and commercial property owners, solar installation is a long-term, low-risk investment with considerable payoffs. In addition to the size of your solar energy system, factors that impact how much you’ll benefit from a solar install include:
- The type, age, and quality of your roofing
- How much direct sunlight your home receives
- Your roof’s slope and size
- Local electricity rates
- Energy usage
Net Metering in New York
Also known as net metering programs, electricity buy-back programs differ from city to city and from one utility company to the next. If your solar energy system captures more electricity than your household can use, you can send excess energy back to your utility service provider (USP) for credits to offset your future electricity bills.
Should You Add Solar Battery Storage?
Some homeowners maximize savings by adding a solar battery rather than selling power back to the grid. If net metering rates in your area are low, battery storage can shorten your payback period and increase long-term returns.
Local Incentives & Rebates
Going solar in New York opens the door to multiple layers of financial incentives that can be stacked together:
New York State Incentives: NY-SERDA and other state programs offer rebates to reduce upfront costs.
Utility Company Rebates: Many USPs in New York offer their own incentive. Our free evaluation identifies offers available in your zip code.
You can take advantage of local, state, and federal incentives at once. Pairing these savings opportunities will greatly reduce your out-of-pocket costs and shorten your payback period.
However, most government agencies and USPs have finite funding for these rewards. As such, some rebates and incentives are limited-time offers supplied on a first-come, first-served basis. The sooner that you apply, the more likely you are to obtain funding.
To qualify for incentives, you must install a qualifying solar energy system. Issuing authorities often require comprehensive system inspections before approving applications.
Why Choose Solar Liberty for Solar Installation?
At Solar Liberty, we help property owners unlock the potential of their homes and businesses with high-quality solar energy systems. When you work with us, you’ll get:
- Expert guidance on qualifying for all available incentives
- Financing options for approved applicants
- Cutting-edge equipment and installation standards
As New York’s largest solar installation company, we pride ourselves on remaining at the cutting-edge of our industry. To learn more about how solar can benefit you, request an appointment with Solar Liberty online or call us at 866-807-3639.
