13 Best Solar Companies in Forestdale, MA (2023 Reviews)

The Cost and Benefits of Solar in Forestdale

For a lot of homeowners, the decision to invest in solar panels boils down to the cost. There are quite a few factors you should take into consideration when determining the overall cost and how much you can save, including:

• Your income and budget: This guides what kind of solar panels you can buy.
• Incentives: Tax-paying citizens who buy and install a solar system this year can save 30% of their installation costs by using the federal solar investment tax credit. You can also save about $24,000 on your electricity bills over 20 years not including incentives.
• Your current electricity bills: Solar panels can dramatically lower, or totally eliminate, your utility bills. In Forestdale, you can save an average of $87 a month.
• Where your home is: This affects how much sunlight your roof receives, which helps determine how many panels you need.

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

Solar Incentives in Forestdale

In an effort to increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make solar power more economical and accessible. When you install a solar panel system, you can 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 may often be some regional incentives that you can take advantage of to further cut back on the cost of solar of solar panels. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Forestdale

One of the reasons so many consider installing solar panels is to help bring down their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Forestdale, though. The more power your household uses, the better off the planet will be from you switching to solar since you won't need to rely on traditional energy sources as much. Since solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good substitute for traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 40 pounds each year. If you want to do your part for the environment, you'll most likely recognize that there are many benefits of adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is worth more.