15 Best Solar Companies in Chelsea, MA (Aug 2022 Review)

The Cost and Benefits of Solar in Chelsea

We get that for lots of homeowners, the choice to invest in solar hinges on installation costs. 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 including:

• The type and model of solar panels you're thinking of getting: More efficient panels are more highly priced, so that will shape your budget for your solar project.
• How much energy costs for you: The average household in Chelsea spends around $1,000 a year on home energy use alone, so you could be looking at that much in savings.
• 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's equal to a percentage of the project cost. You can also save on your power bills, which can give you an average of $22,000 of savings over 20 years.
• Electricity consumption: The average home in Chelsea doesn't use much energy, and as a result may not see as many savings on their power bills.

There are many great benefits of solar even with the initial cost of installation. It can help the Earth and your bank account. In addition, it can raise the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in Chelsea

One of the great things about installing a solar panel system is earning incentives from the government. There are a lot of federal, state and local rebates and tax credits that let you earn some money in return after buying solar panels. Take a look at the table below to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Chelsea

Many want to do their part to help the environment, which for many is the primary reason they're interested in installing a solar system. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Chelsea, though. One thing you should keep in mind is your overall carbon footprint. For example, if you spend lots of time commuting to work and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. In Chelsea, the average person can lower their carbon footprint by 40 pounds a year after going solar. As you can see, using solar power has so many other rewards apart from saving money. One of the major ones is that you can help save the planet too.