18 Best Solar Companies in Marblehead, MA (Aug 2022 Review)

The Cost and Benefits of Solar in Marblehead

For many readers, the decision of which solar installer to go with depends on how much it'll cost. There are a few factors you should consider when trying to determine costs and your potential savings, such as:

• Electricity consumption: The average household in Marblehead doesn't use much energy, and so may not see as many savings on their power bills.
• Choice of solar panels: The type of solar panels you want will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Incentives: Those who buy and install a solar energy system this year can save 26% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $23,000 on your energy bills over 20 years not including incentives.
• Your home's power bills: With fairly high monthly energy bills in Marblehead, you could save about $1,000 a year with solar.

Although a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on a number of factors, including the size of your solar panel system and your local electricity rates.

Solar Incentives in Marblehead

There are many reasons why you should switch to solar. One of them includes some government incentives you can take advantage of. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly pair the ITC with other local incentives. You can find out about the incentives you can take advantage of in the table below.

Environmental Impact of Switching to Solar in Marblehead

There are a few key reasons why homeowners want to invest in solar energy: for the good of their bank accounts and the planet. You may be curious — how much do solar panels do for the environment anyway? As stated by the EPA, electricity generation is the second biggest source of greenhouse gas emissions and about 62% of our electricity comes from burning fossil fuels. Switching to a clean energy source like solar power can help lower that statistic in a city like Marblehead that is responsible for a fair amount of carbon dioxide emissions each year. In fact, if you make the switch to solar power, you could reduce your carbon dioxide emissions by about 40 pounds each year. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.