Save Money by making your own clean, renewable power. Every watt-hour your solar system produces is another you won't have to buy from the utility company. There are many financial benefits of using solar energy.
How You Save With Solar PV Installation in Albany, NY
From the very first month, solar PVs can reduce your utility bills. In fact, a five kW residential system can generate over $40,000 in energy savings over a 20-year period. And by producing your own electricity on site, you can "lock-in" lower electric rates and protect yourself from annual rate-hikes in the future.
Add Resale Value
A solar PV power system does more than just save you money every month—it also increases the value to your home. According to a study published in The Appraisal Journal, a home's value is increased by $20 for every $1 reduction in annual energy savings. Homes with solar panels often sell 7x faster than non-solar homes and they sell at a higher price. And unlike most home improvements, solar systems don't depreciate in value over time.
Save Money for Your Business
With an average return on investment of 14%, solar energy is a smart investment for your business as well as a great financial decision. By offsetting your company's utility bills, you can decrease operating costs and increase revenue. Government grants and tax incentives make it more cost effective than ever to outfit your offices with solar power.
Reliability is one of the most important aspects of a great solar energy system, and here at NYREER, we stand behind our products, our work, and our employees. Each Solar system is designed by a Licensed Professional Engineer and built with the customer's needs in mind, as recommended by our top notch consultants. We offer competitive warranties on every solar system we install:
- 7 years on workmanship
- 20 years on inverters
- 25-30 years on modules
Our solar systems are completely silent and have no moving parts keeping them maintenance free. NYREER has partnered with the best companies in the solar industry so we can offer you the highest quality solar systems available. NYREER guarantees your system will deliver clean, reliable energy for years to come with 20+ year warranties on inverters and modules.
Benefits of Solar PV Installation in Albany, NY
Solar power is a great alternative to traditional electricity. With so many great benefits, solar is a smart decision—for you and the environment.
With incentives and tax credits, owning a solar power system is now easier—and cheaper—than ever. While rates and incentives vary by state, rebates can total up to 70% off system costs in some cases.
You can dramatically reduce and even eliminate your monthly energy bill by generating your own power. Over the life of your system, your savings can easily add up to thousands of dollars. When you create more power than you use, you can sell the energy back to the utility company for a credit on your next bill. At the end of the year, your account is settled resulting with the consumer often receiving a check back from the utility!
Add Value to Your Home
Energy efficiency is a great selling point. Having to spend less on oil, propane and electricity automatically adds resale value to your home. Potential buyers can afford to pay more for an energy-efficient home and they can rest assured knowing they'll be protected from rising energy costs. In a study conducted by The Appraisal Journal, simply having an energy-efficient home increases its value by 4 to 10 percent.
Protect the Environment
Clean, renewable energy is important for the future. By choosing to power your home with solar energy, you're preventing greenhouse gases from entering the atmosphere—and helping eliminate our country's dependence on fossil fuels. For example, a one-kilowatt solar electric system:
- Prevents 150 lbs. of coal from being mined
- Prevents 300 lbs. of CO2 from entering the atmosphere
- Keeps 105 gallons of water from being consumed in hydroelectric plants