12 Best Solar Companies in Maynard, MA (Oct 2022 Review)

The Cost and Benefits of Solar in Maynard

The cost of installing solar panels has dropped significantly in the past few years, but it's still a significant investment for most homeowners. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• average energy usage: The more electricity your home consumes on average and the greater your current electricity bills are, the more likely you'll benefit from switching to solar.
• Your income and budget: This shapes what kind of solar panels you can buy.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $20,000 over 20 years with your solar panels, too.
• Your location: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.

So is a solar panel system worth it? Whether you'd like to decrease your electric bills, carbon dioxide emissions or both, solar panels are a worthwhile investment for many Maynard homeowners.

Solar Incentives in Maynard

There are several reasons why you should switch to solar. One of them consists of some government incentives that can help save you some money. These incentives normally take the form of cash rebates, tax benefits and/or solar renewable energy credits. They can lower the cost you pay for going solar by 26 to 50% in some cases. The table below lets you know about the incentives you can find in Maynard.

Environmental Impact of Switching to Solar in Maynard

If you're thinking of adding solar panels to your home, one of the principal reasons why may be to lower your carbon footprint. A question many people might have in mind is how much can they really help protect the environment by switching to solar power anyway? An important thing to be mindful of is your overall carbon footprint. For example, if you have a long commute, your footprint may be greater, so adopting solar power for your house can help offset that. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 40 pounds each year. For people who care about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.