11 Best Solar Companies in Ipswich, MA (Sep 2022 Review)

The Cost and Benefits of Solar in Ipswich

For most homeowners, whether or not you should invest in solar energy comes down to the cost. Some significant things that determine how much it will cost and how much you could save include:

• The amount of sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar system won't be able to make as much energy, which will leave you with lower savings on power bills than someone with a roof that gets a lot of sunlight.
• System size and type: Some models are more costly than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• Energy consumption: Solar may be too pricey an investment for homes that don't consume a lot of energy a month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $22,000 over 20 years with your solar system, too.

There are many great benefits of solar despite the upfront cost of installation. It can help the Earth and your wallet. Plus, it can boost the value of your home, giving you even more benefits if you want to sell your home later.

Solar Incentives in Ipswich

Although solar power is typically a big investment, it can save you a significant amount of money over time because of reduced utility bills and government incentives. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much you paid for your solar installation on your tax return, lowering the amount of taxes you owe that year. Additionally, there may be some state and city incentives that stack with the ITC too. For comprehensive information about incentives for homeowners in Ipswich, see the table below.

Environmental Impact of Switching to Solar in Ipswich

Going solar can have a meaningful impact on the environment. Something many might be asking themselves is how much can they really help save the environment by going solar anyway? One thing that can dramatically shape your carbon footprint is your commute time and how much you drive altogether. If you switch to solar power and have an electric car, you can significantly cut back on your carbon dioxide emissions by charging your car at home. Since solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good substitute for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 40 pounds each year. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.