11 Best Solar Companies in Fall River, MA (Mar 2023 Review)

The Cost and Benefits of Solar in Fall River

For a lot of homeowners, whether or not to invest in solar panels comes down to the cost. The cost of solar and the savings it generates vary depending on some important factors such as:

• Choice of solar panels: The type of solar panels you are interested in getting 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 you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• The amount of sunlight your city gets: Because of Fall River's high amount of average daily sunlight, you should be able to save a decent amount on your electric bills.
• How much power your household needs: If your home uses a lot of energy, you'll see more savings from switching to solar.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of installing your solar panel system from your taxes. Additionally, not including incentives, you can save about $23,000 over 20 years on your energy bills.

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

Solar Incentives in Fall River

There are many reasons why adopting solar power is beneficial. One of them involves some government incentives that can help save you some money. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially pair the ITC with other state and city rebates and benefits. For comprehensive information about local incentives, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Fall River

Installing solar panels is a compelling way to do what you can for a cleaner and more sustainable future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Fall River, though. How much energy you use is a significant factor to keep in mind. The more power your household consumes, the bigger your impact when you switch to solar energy. In fact, if you adopt solar power, you could reduce your carbon dioxide emissions by about 40 pounds each year. Since solar power is plentiful and generates electricity without free from carbon dioxide emissions, adding solar panels to your home is one easy step you can take to help protect the environment.