Expert Advice On Improving Your Home
Expert Advice On Improving Your Home
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Written By David Cusick
Last Updated February 2024
Every year, more Malta residents adopt rooftop solar panels to lower their carbon footprint and provide a dependable source of power. Adopting solar energy can help you save money and lower your carbon footprint, but you want to make sure you find a qualified installer. Luckily, we’ve conducted comprehensive research local solar installers and created a guide to the best solar companies in Malta. These reliable providers are reliable options known for their quality services.
Clear pricing policy
Reliable customer support
Informative resources
Free quotes
Services Offered
Free quotes
Reliable customer support
Informative resources
Services Offered
Clear pricing policy
Free quotes
Services Offered
Reliable customer support
Free quotes
Informative resources
Clear pricing policy
Services Offered
Clear pricing policy
Reliable customer support
Free quotes
Prompt service delivery
Informative resources
Services Offered
Informative resources
Prompt service delivery
Clear pricing policy
Services Offered
Clear pricing policy
Prompt service delivery
Family-operated business
Informative resources
Free quotes
Reliable customer support
Services Offered
Today's Homeowner looks at dozens of datapoints on solar companies to come up with our data-driven rankings. It's not possible for a company to pay for preferential treatment in our rankings. We look at the following key factors in determining who should top our list:
Adopting solar power lets homeowners reduce utility bills while benefiting the planet by reducing your carbon footprint using clean energy. If you’re deciding whether to go solar, consider these key factors for choosing an installer.
Verify that your solar installer is properly licensed. This ensures that the work is done properly using current installation best practices. New York state does not issue licenses to contractors, so you should check with your city or county government for its specific regulations and requirements.
Look at review platforms such as the Better Business Bureau (BBB), Google Reviews, and TrustPilot to find out what previous customers are saying about local solar providers. Reviews can give you an idea of a company’s reliability and customer service. Be cautious of companies lacking reviews or with predominantly negative feedback.
To find a solar company that fits your budget, get free, detailed quotes from at least three providers. The quotes should list all costs as well as all solar equipment included. Comparing several quotes helps you identify the best value.
Top-notch solar installations should come with strong workmanship and performance warranties. A workmanship guarantee covers installation defects, such as poor alignment, cracks in the panels, or poor wiring. A performance warranty ensures a minimum energy output. Comprehensive warranties show that a solar company believes in its work.
Going solar can help decrease your electric bills over time. When evaluating the total price and value of solar panels, make sure to consider these factors.
In Malta, solar panels cost an average of $3,650 per kilowatt, with an average system size of 4.5 kilowatts. The typical Malta homeowner spends $11,457 on their solar array after federal tax refunds. An estimate from a local provider will factor in additional information reflecting your desired system's capacity, panel type, size, and required preliminary work. In some cases, homeowners may prefer to lease solar panels to reduce upfront costs.
Incentive Type: Corporate Tax Credit
Incentive Amount:
$0.01/gallon for each percent of biodiesel
Incentive Type: Sales Tax Incentive
Incentive Amount:
100% exemption
Incentive Type: Sales Tax Incentive
Incentive Amount:
Upon local authorization, 100% exemption from local sales tax
Incentive Amount:
Incentive rates step down over time as MW goals are met. Incentive rates as of 11/27/2019 are:
Residential:
Long Island Region: $0.00/W (MW blocks have been fully subscribed)
Con Edison Region: $0.30/W
Upstate Region: $0.35/W
Low-to-Moderate income customers: $0.80/W (up to 10 kW)
Small Commercial (Non-Residential):Long Island Region: $0.00/W (MW blocks have been fully subscribed)
Con Edison Region: $0.60/W
Up State Region: $0.45/W
Multifamily Affordable Housing Adder: additional $0.40/W (up to 50 kW)
Incentive Amount:
Tier I: 10,000 kWh of expected annual energy production: $3.50/annual kWh
Tier II: 10,000 kWh - 125,000 kWh of expected annual energy production: $1.00/annual kWh
Tier III: 125,000 kWh - 1,000,000 kWh of expected annual energy production: $0.30/ annual kWh
Tier IV: Greater than 1,000,000 kWh of expected annual energy production: $0.15/ annual kWh
These incentives are additive.
Incentive Amount:
A solar photovoltaic (PV) array can generate power to run any electric appliance or system in your home. A more specific example is installing a solar water heating system.
With home solar energy, you can save money on your energy bill, lower your home's carbon footprint, and gain additional energy independence.
Yes, it's possible to use home solar energy alongside conventional power sources. In many areas, solar panels are designed to supplement your existing energy sources, which means you can reap the environmental benefits and savings of solar energy without having to completely switch over.
You might be pleasantly surprised at how short it takes to get a return on investment from your solar panels. In areas like Malta with moderate sunlight, the period could last 18.6 years per 5 kW of power, but may be shorter if you have low electricity costs or a smaller energy capacity.
Net metering is a power purchasing policy that allows solar energy system owners to receive bill credits or payments for the amount of energy they put back into the grid. It's available in most states and is a great way to reduce energy costs.
The answer ultimately depends on your specific situation. You'll be eligible for a federal tax credit of up to 30% of the system's cost, as well as state or local incentives depending on where you are. As for insurance, you'll need to let your insurer know about your new solar panels. Your premium may increase due to added property values, but you'll have peace of mind if a covered event happens to the system.
