11 Best Solar Companies in Bellingham, MA (Sep 2022 Review)

The Cost and Benefits of Solar in Bellingham

Even though solar panels can help save you a decent chunk of change on utility bills over time, it's necessary to know the startup costs. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $22,000 over 20 years with your solar panels, too.
• The kind of solar panels you're thinking of getting: More high-tech panels cost more, so that will affect your budget for your solar project.
• Average daily sunlight: Since Bellingham gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much you can save on your energy bills.
• How much energy costs for you: If your local energy rates are quite high, there's a good chance you'll end up with a higher return on your investment in a solar panel system. In Bellingham, you can save an average of $87 a month on your electricity bills.

So is buying solar panels worth it? Whether you'd like to lower your energy bills, carbon dioxide emissions or both, solar panels are a great investment for many Bellingham homeowners.

Solar Incentives in Bellingham

If you're considering making the switch to solar power, a variety of government incentives and subsidies can dramatically bring down your project costs and expedite the return on your investment. There are a lot of federal, state and local rebates and tax credits that let you earn anywhere from 26% to 50% of your money back after paying for a solar panel system. Check out the table below to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Bellingham

There are a few key reasons why homeowners are considering solar energy: to help their wallet and the environment. But you may be wondering — how much exactly can you help the planet by making the switch to solar? One thing that can drastically shape your carbon footprint is how long your commute is and how much you drive overall. If you install solar panels and have an electric car, you can greatly lower your carbon dioxide emissions by charging your car at home. After you go solar, your carbon dioxide emissions can be lowered by about 40 pounds a year. As you can see, trading traditional energy for solar has so many other rewards besides saving money. One of the primary ones is that you can help save the Earth too.