14 Best Solar Companies in Lenox, MA (2023 Reviews)

The Cost and Benefits of Solar in Lenox

We understand that for lots of homeowners, the choice to invest in solar highly depends on installation costs. The cost of solar and the savings it generates vary depending on some key factors such as:

• 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 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 $21,000 over the first 20 years with your solar system, too.
• Electricity consumption: The average home in Lenox doesn't use much energy, and consequently may not see as many savings on their power bills.
• System size and type: Some models are more expensive than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• How much you spend on energy: The average household in Lenox pays around $990 a year on energy alone, so you could gain that much in savings.

Though a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on several factors, including the angle of your roof and your energy consumption.

Solar Incentives in Lenox

Adopting solar power has lots of considerable benefits. Not only can it help protect the environment, but you can also save a good amount of money on your installation with various government incentives. On top of the federal solar investment tax credit, there are also some state- and city-level programs, which in most cases, stack with the federal incentive, so you can save even more. Check out our article on solar incentives to see what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Lenox

Swapping traditional energy for solar is a great way to do your part for a more eco-friendly future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Lenox, though. Regardless of your location, you can help save the environment by switching to solar energy, but homes that consume more energy will have an even bigger impact. In fact, if you adopt solar power, you could lower your carbon dioxide emissions by about 40 pounds each year. The perks of solar power are infinite — just like solar power is! That's why so many people have been happy with using solar energy.