14 Best Solar Companies in Concord, MA (2023 Reviews)

The Cost and Benefits of Solar in Concord

We understand that for most homeowners, the choice to invest in solar highly depends on installation costs. A few important factors that dictate how much it will cost to install solar panels on your home and how much it could save you over time are:

• Incentives: Something that can make your solar project cost less 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 money on your utility bills, which can result in an average of $22,000 of savings over 20 years.
• Your energy bills: This will determine how much you can save. In Concord, the average homeowner can save about $1,000 a year on their electricity bills.
• Your income and budget: This guides what kind of solar panels you can get.
• Average daily sunlight: Since Concord gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which affects how much your electricity bills will be.

Though a solar panel system costs a sizable chunk of money upfront, it can save you much more over time. The question of how much, though, depends on a number of factors, like the amount of daily direct sunlight available and your local electricity rates.

Solar Incentives in Concord

In an effort to increase the number of homes and businesses that use solar power, federal, state and local governments — and even some utility companies — offer incentives to help make solar more affordable and accessible. State and city solar incentives depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power systems, in addition to the federal solar tax credit. For more information about local incentives, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Concord

If you're considering adding solar panels to your home, one of the principal reasons why may be to reduce your carbon dioxide emissions. Something many people might be wondering about is how much can they really help save the environment by going solar anyway? Something that can severely influence your carbon footprint is your commute time and how much you drive overall. If you go solar and have an electric car, you can greatly cut back on your carbon dioxide emissions by charging your car at home. Since solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good substitute for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 40 pounds each year. If you want to do your part for the environment, you'll most likely get that there are many good things about adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is worth more.