14 Best Solar Companies in Hamilton, MA (Mar 2023 Review)

The Cost and Benefits of Solar in Hamilton

We understand that for many homeowners, the decision to invest in solar comes down to installation costs. The cost and possible savings vary depending on a few key factors such as:

• Your current energy bills: Solar panels can noticeably reduce, or completely eliminate, your utility bills. In Hamilton, you can save an average of $83 a month.
• How much energy your household consumes: Homes that consume a lot of power each month may require more solar panels and, consequently, be more expensive, but will also benefit more over time.
• The kind of solar panels you want: Some are more highly priced, so that will determine your budget for your solar project.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your utility bills, which can result in an average of $22,000 of savings over 20 years.

Although a solar panel system costs a decent 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, including the angle of your roof and incentives.

Solar Incentives in Hamilton

Although solar power is typically a large investment, it can save you a significant amount of money over the lifespan of your solar panels due to lower power bills and government incentives. These incentives typically include cash rebates, tax benefits and/or performance-based incentives. They can reduce the cost of installing solar panels by 30%, upwards of 50% depending on your location. Our article on solar incentives has more detailed information on the incentives you can take advantage of in Hamilton.

Environmental Impact of Switching to Solar in Hamilton

There are a few primary reasons why people are interested in solar energy: for the good of their bank accounts and the planet. Something many people might be thinking about is how much can they really help preserve the environment by switching to solar power anyway? The average person has a sizable carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions a year, and powering their home, it can be overwhelming to think about what to do. Using solar power is a practical thing you can do to help. While solar panel manufacturing emits carbon dioxide, the panels make up for it by significantly reducing the amount of CO2 you would have released if you still used nonrenewable energy. In Hamilton, you can reduce your carbon footprint by 40 pounds a year with solar panels. If you care about the environment, you'll no doubt understand that there are many good things about adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is more valuable.