17 Best Solar Companies in Hull, MA (Feb 2023 Review)

The Cost and Benefits of Solar in Hull

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will need to pay to install your system. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• The amount of sunlight your house gets: Thanks to Hull's high amount of average daily sunlight, you should be able to save a decent amount on your power bills.
• Energy consumption: Installing a solar system may be a high-cost investment for homes that don't need a good amount of energy a month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $23,000 over 20 years with your solar system, too.
• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.

So is buying solar panels worth it? Whether you want to reduce your electricity costs, greenhouse gas emissions or both, solar panels are a great investment for many Hull homeowners.

Solar Incentives in Hull

Adopting solar power has lots of great benefits. Not only can it help protect the planet, but you can also save a good amount of money on your installation with various government incentives. These incentives mostly include cash rebates, tax benefits and/or solar renewable energy credits. They can reduce how much you pay for installing solar panels by 30%, upwards of 50% depending on your location. Our article on solar incentives goes over more in-depth information on the incentives you can find in Hull.

Environmental Impact of Switching to Solar in Hull

One of the best reasons to use solar power is to reduce your reliance on traditional energy sources like burning fossil fuels, which are hazardous for the environment. You may be trying to figure out — how much does going solar help the environment anyway? One thing to consider is your overall carbon footprint. For example, if you spend a lot of time in the car and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. If you go solar, your carbon dioxide emissions can be reduced by about 40 pounds a year. As you can see, investing in solar has so many other benefits outside of saving money. One of the primary ones is that you can help save the Earth too.