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

The Cost and Benefits of Solar in Dracut

When choosing a solar company, most homeowners or business owners wonder about the costs above all. There are several factors you should consider when trying to determine how much it will cost and how much you can save, such as:

• Average daily sunlight: Since Dracut gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much your solar panels can save you on your electricity bills.
• Energy consumption: Installing solar panels may be an expensive option for families that don't need a good amount of energy per month.
• The kind of solar panels you're planning on getting: Some are more costly, so that will influence your budget for your solar project.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 26% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $22,000 over the first 20 years with your system, too.

Even though a solar panel system costs a good chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on several factors, including the size of your solar panel system and your current power bills.

Solar Incentives in Dracut

There are many reasons why adopting solar power is beneficial. One of them involves some government incentives you can take advantage of. In addition to the federal tax credit incentive, there are also some state- and city-level incentives, which in the majority of cases, stack with the federal incentive, so you can save even more. In the table below, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Dracut

Making the switch to solar power is a great way to do what you can for a more sustainable future. A question many might be asking themselves is how much can they really help the environment by switching to solar power anyway? The average person has a substantial carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions each year, and electricity for their home, it can be overwhelming to think about what to do. Going solar is a simple thing you can do to help. In fact, if you install solar panels, you could expect to reduce your carbon dioxide emissions by about 40 pounds each year. If you want to do what you can for the environment, you'll no doubt find that there are many benefits of adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is invaluable.