Is Solar Free Energy? Will I Have an Electric Bill with Solar Panels in New York?
After accounting for the cost of solar installation, solar is essentially free energy. Solar panels in New York require little maintenance. With our 25-Year Warranty, you can have confidence knowing that your solar system will continue to provide value. Besides paying off your installation, the energy that you generate from your panels will be free.
Some solar companies in New York take the opportunity to advertise this by saying that solar is completely free. Of course, it’s a little more complicated, and we believe in full transparency.
You will still receive a bill from your utility company when you have solar panels in New York. The rates in our state are among the highest in America. Solar offsets your bill, so you will pay less and save money in the long term.
Let’s consider a few different scenarios to understand what your bill will look like…
- If you can produce more solar than you consume, you will only pay a hook-up charge on your monthly electric bill.
- If you export more energy to the grid than you consume, you will receive credits from your utility company under a Net Metering agreement, offsetting future bills.
- If you import more than you export, you will be charged for this with standard rates.
- If you end the year with surplus credits under Net Metering, your utility company will pay you for these credits.
The design of your solar system in New York is critical. If you want to enjoy significant savings you will need solar panels that either serve all your daily consumption or at least most of it.
You can add battery backup to your solar energy system to deploy stored electricity in the evenings, this will reduce your reliance on the grid.
We want you to save as much as possible while enjoying reliable electricity without the fear of frequent interruptions and blackouts. We will only recommend solar if it makes sense for you financially.