18 Best Solar Companies in Essex, MA (Jan 2023 Review)

The Cost and Benefits of Solar in Essex

For a lot of homeowners, the decision to invest in a solar energy system comes down to the cost. 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:

• How much you spend on energy: The typical household in Essex pays around $1,000 a year on power alone, so you could gain that much in savings.
• The make and model of solar panels you're planning on getting: More efficient panels are more highly priced, so that will influence your budget for your solar project.
• Average daily sunlight: Since Essex gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which influences how much your solar panels can save you on your electricity bills.
• Incentives: Tax-paying citizens who buy and install a solar system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $22,000 on your utility bills over 20 years without incentives.

Although a solar panel system costs a good chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on a number of factors, such as the angle of your roof and incentives.

Solar Incentives in Essex

Although solar power is typically a $15,000 to $25,000 investment, it can save you a substantial amount of money over several years because of smaller utility bills and government incentives. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly stack the ITC with other local incentives. Our article on solar incentives goes over more information on the incentives you can benefit from in Essex.

Environmental Impact of Switching to Solar in Essex

One of the best reasons to use solar energy is to cut your reliance on nonrenewable energy sources like burning fossil fuels, which are harmful for the environment. But how much can installing solar panels actually help the environment? The more energy your family uses, the the more the environment will benefit when you switch to solar as you won't have to rely on traditional energy sources as much. While making solar panels releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have released if you still used traditional energy. In Essex, you can reduce your carbon footprint by 40 pounds a year with solar panels. If you want to do your part for the environment, you'll likely recognize that there are many advantages to adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is worth more.