Solar is the smart choice for homeowners and businesses. After rebates and incentives you can recoup more than half the cost of your installation. If you opt for financing, you can go solar with no money down while saving on your electric bill from day one. There are many ways to save with solar. Westchester based SunBlue Energy can help you to optimize your system—and your budget.
Lower Your Bills
Energy from the sun means less money paid to your utility company each month. We strive to optimize your system’s performance so that its production offsets 50 to 80 percent of your electric bill. Some customers are even able to offset 100 percent (or more) of their bill!
A Great Investment
When you install a solar energy system with SunBlue, you are in essence creating your own low-maintenance renewable energy utility. Most residential systems will pay for themselves in five to eight years. Unlike with the stock market or real estate, with solar, you can count on making money year in and year out. (And, unlike with other investments, you don’t pay taxes on your earnings from solar.) Solar also raises your home’s resale value, increasing the value of your home by $10,000 or more.
Tax Credits and Advantages
Generous tax credits are available to both residents and businesses who go solar. Westchester, Rockland, and other NY residents can take advantage of a 25 percent state tax credit — in addition to a 30 percent federal tax credit. Unlike a tax deduction, which is applied to the income you report, a tax credit is applied directly against taxes you owe. If the tax credit exceeds what you owe, the credit will carry over to the next year. New Jersey and Connecticut both offer tax advantages as well.
The New York State Energy Research and Development Agency (NYSERDA) currently offers a substantial incentive for going solar, for both residential and commercial projects. The incentives are limited, and decline as more solar energy systems are installed, so act now to save money!
Whether you’re interested in a residential or a commercial system, there are many ways to finance your installation. Low-interest loans are available for no money down, making solar more affordable than ever before. For businesses wanting the advantages of solar without purchasing a system, SunBlue offers solar leases and power purchase agreements (PPAs). Our dedicated team can help you determine which financing option is right for you.
From installation to solar panel design, Westchester, NY installer SunBlue Energy has been helping customers save money with affordable, sustainable solar systems throughout the tri-state area. Contact us today for a free estimate.