18 Best Solar Companies in Belmont, MA (Aug 2022 Review)

The Cost and Benefits of Solar in Belmont

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will first need to pay to install your panels. The cost of solar and the savings it generates vary depending on a few important factors such as:

• The kind of solar panels you can purchase: This hinges on what your budget is.
• The amount of sunlight your area gets: Because of Belmont's high amount of average daily sunlight, you should be able to save a decent amount on your power bills.
• Your current power bills: Solar panels can significantly lower, or entirely get rid of, your utility bills. In Belmont, you can save an average of $96 a month.
• Incentives: Something that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your utility bills, which can generate an average of $25,000 of savings over 20 years.

So is buying solar panels worth it? Whether you're trying to reduce your energy bills, greenhouse gas emissions or both, solar panels are a great investment for many Belmont homeowners.

Solar Incentives in Belmont

If you're planning on making the switch to solar energy, a number of government incentives and solar rebates can dramatically bring down the installation costs and speed up the return on your investment. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly stack the ITC with other local incentives. Check out the table below to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Belmont

Making the switch to solar power is a profound way to do what you can for a more eco-friendly future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Belmont, though. One thing you should consider is your overall carbon footprint. For example, if you have a long commute time and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 40 pounds each year. Since solar power is abundant and produces electricity without free from carbon dioxide emissions, installing solar panels is one easy step you can take to help protect the planet.