17 Best Solar Companies in Everett, MA (Jan 2023 Review)

The Cost and Benefits of Solar in Everett

We understand that for many 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 getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Energy consumption: Solar may be a high-cost investment for families that don't consume too much energy each month.
• Choice of solar panels: The type of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of your solar system installation from your federal taxes. In addition, not including incentives, you can save about $22,000 over 20 years on your energy bills.
• Your power bills: This will dictate how much you can save. In Everett, the average homeowner can save about $1,000 a year on their electricity bills.

As a result of solar panels decreasing in cost as well as several solar incentives, they are a solid investment for most homeowners.

Solar Incentives in Everett

Adopting solar power has lots of great benefits. Not only can it help preserve the environment, but you can also save a good amount of money on your installation with various government incentives. When you install solar panels on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Plus, there are often some local incentives that you can benefit from to further save. In our article on solar incentives, you can see the incentives you qualify for in Everett.

Environmental Impact of Switching to Solar in Everett

There are tons of reasons to trade traditional energy for solar energy, like saving some money on utility bills and helping to lower your carbon footprint. A question many might be asking themselves is how much can they really help the environment by going solar anyway? 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 install solar panels on your home to power your EV and therefore help offset your carbon emissions. In fact, if you adopt solar power, you could look forward to lowering your carbon dioxide emissions by about 40 pounds each year. Since solar power is renewable and produces electricity without releasing carbon emissions, installing solar panels is one easy step you can take to help protect the environment.