17 Best Solar Companies in Buzzards Bay, MA (Feb 2023 Review)

The Cost and Benefits of Solar in Buzzards Bay

While solar panels can help save you a good amount of money on electricity bills over time, it's important to consider the upfront costs. Some key factors that determine the cost of installing solar panels on your home and how much money you could save over time are:

• How much energy costs for you: If your local power rates are quite high, there's a good chance you'll have a higher return on your investment in a solar system. In Buzzards Bay, you can save an average of $87 a month on your electricity bills.
• Electricity consumption: The average home in Buzzards Bay doesn't use much energy, and as a result may not see as many savings on their power bills.
• Your income and budget: This determines what kind of solar panels you can purchase.
• Incentives: One thing that can reduce the cost of 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 power bills, which can lead to an average of $24,000 of savings over 20 years.

Solar is a valuable investment for most homeowners. You can produce your own power instead of paying for it from the grid and take advantage of solar incentives, all while helping protect the planet.

Solar Incentives in Buzzards Bay

In an effort to increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make solar power more economical and accessible. When you install a solar panel system on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Plus, there may often be some regional incentives that you can use to further cut back on the cost of solar of solar panels. For more information about incentives that apply to you, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Buzzards Bay

One of the most compelling reasons to use solar energy is to reduce your dependence on nonrenewable energy sources like burning fossil fuels, which are destructive for the environment. But you may be curious — how much exactly can you help by making the switch to solar? The average person has a rather large carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions a year, and powering their home, it can be overwhelming to figure out what to do. Going solar is a practical thing you can do to help. Although solar panel production releases carbon dioxide emissions, the panels make up for it by significantly lowering the amount of CO2 you would have produced if you still used traditional energy. In Buzzards Bay, you can reduce your carbon footprint by 40 pounds a year with solar panels. For people who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.