17 Best Solar Companies in Harvard, MA (Mar 2023 Review)

The Cost and Benefits of Solar in Harvard

The cost of putting up solar panels has decreased immensely in the past several years, but it's still a substantial investment for most homeowners. The cost and possible savings vary depending on a few important factors such as:

• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 30% of the cost of your solar system installation from your taxes. Plus, not including incentives, you can save about $20,000 over 20 years on your energy bills.
• Your current electricity bills: Solar panels can dramatically lower, or totally get rid of, your utility bills. In Harvard, you can save an average of $80 a month.
• Whether or not your roof gets a lot of direct sunlight: This, plus the configuration of your roof, affects affect how much power your solar panels can generate.
• The model of solar panels you're planning on getting: Higher-efficiency panels are more highly priced, so that will determine your budget for your solar project.

Thanks to the cost of solar panels being lower than before as well as several solar incentives, they are a worthwhile investment for the majority of homeowners.

Solar Incentives in Harvard

Although solar power is typically a big investment, it can save you a lot of money in the long term due to reduced utility bills and government incentives. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of your project costs on your tax return, lowering the amount of taxes you owe that year. Plus, there may be some state and city incentives that stack with the ITC too. For more information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Harvard

Making the switch to solar power is a compelling way to do your part for a more eco-friendly future. You may be trying to figure out — how much do solar panels do for the planet anyway? One thing that can severely influence your carbon footprint is how long your commute is and how much you drive overall. If you switch to solar power and drive an electric car, you can greatly cut back on your carbon dioxide emissions by charging your car at home. Though solar panel production emits carbon dioxide, the panels make up for it by considerably reducing the amount of CO2 you would have produced if you still used nonrenewable energy. In Harvard, you can reduce your carbon footprint by 40 pounds a year with solar panels. As you can see, investing in solar has so many other perks besides saving money. One of the major ones is that you can help save the Earth too.