13 Best Solar Companies in Boxford, MA (Feb 2023 Review)

The Cost and Benefits of Solar in Boxford

When deciding on a solar company, most homeowners or business owners care about the costs the most. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Whether or not your roof gets a lot of direct sunlight: This, and your roof configuration, affects affect how much electricity your solar panels can make.
• The type and model of solar panels you're planning on getting: Higher-efficiency panels are more costly, so that will shape your budget for your solar project.
• How much energy costs for you: The average family in Boxford pays around $970 a year on electricity alone, so you could be looking at that much in savings.
• Incentives: Something that can save you money on your solar project 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 money on your energy bills, which can give you an average of $22,000 of savings over 20 years.

So is installing solar panels worth it? Whether you're trying to reduce your energy bills, carbon dioxide emissions or both, solar panels are a great investment for many Boxford homeowners.

Solar Incentives in Boxford

Although a solar power system is typically a big investment, it can save you much money over the lifespan of your solar panels because of lower power bills and government incentives. When you install a solar panel system, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Plus, there may often be some local incentives that you can take advantage of to further save. Our article on solar incentives goes over more detailed information on the incentives you can find in Boxford.

Environmental Impact of Switching to Solar in Boxford

One reason so many homeowners are considering switching to solar power is to help lower their environmental impact. But you may be wondering — how much exactly can you help the planet by using solar power? One thing you should keep in mind is your overall carbon footprint. For example, if you spend a lot of time in the car and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. Although making solar panels emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Boxford, you can reduce your carbon footprint by 40 pounds a year with solar panels. As you can see, going solar has so many other rewards beyond saving money. One of the primary ones is that you can help save the environment too.