13 Best Solar Companies in Boxford, MA (Aug 2022 Review)

The Cost and Benefits of Solar in Boxford

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 installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Incentives: Tax-paying citizens who buy and install a solar system this year can save 26% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $22,000 on your electricity bills over 20 years not including incentives.
• How much sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar system won't be able to generate as much energy, which will give you lower savings on power bills than a house with a roof that gets a lot of sunlight.
• average energy usage: The more power your home consumes on average and the steeper your current power bills are, the more money you could save by switching to solar.
• Choice of solar panels: The type of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.

Solar is a valuable investment for most homeowners. You can produce your own power instead of paying for it from a utility company and take advantage of solar tax credits and rebates, all while helping protect the Earth.

Solar Incentives in Boxford

To increase the number of homes and businesses that use solar power, federal and local governments — and even some utility companies — offer incentives to help make going solar more economically viable and accessible. When you install a solar panel system on your home, you can claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 26% of the cost of your solar panels. In addition, there may often be some local incentives that you can take advantage of to further save. Check out the table below to learn what incentives are available to you.

Environmental Impact of Switching to Solar in Boxford

There are a few key reasons why many people are interested in solar energy: to help their wallet and the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Boxford, though. In a place like Boxford where commute times can be very long, installing solar panels can help offset some of your carbon dioxide emissions from being on the road a lot. Although making solar panels releases carbon dioxide emissions, the panels make up for it by considerably lowering the amount of CO2 you would have produced if you still used traditional energy. In Boxford, you can reduce your carbon footprint by 40 pounds a year with solar panels. Since energy from the sun is abundant and makes electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help preserve the planet.