12 Best Solar Companies in Medfield, MA (Sep 2022 Review)

The Cost and Benefits of Solar in Medfield

When deciding on a solar company, most homeowners or business owners care about the costs the most. There are several factors you should consider when trying to figure out costs and your potential savings, including:

• How much energy your household consumes: Households that consume plenty of electricity each month may call for more solar panels and, consequently, more upfront cost, but will also enjoy more savings over time.
• How much energy costs for you: The typical household in Medfield spends around $1,000 a year on power alone, so you could end up with that much in savings.
• System size and type: Some models are more costly than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can result in an average of $22,000 of savings over 20 years.

Solar is a profitable investment for most homeowners. You can generate your own electricity instead of paying for it from the grid and take advantage of solar incentives and rebates, all while helping preserve the Earth.

Solar Incentives in Medfield

One of the great things about installing a solar panel system is earning federal and potentially state incentives. When you install a solar panel system on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some regional incentives that you can use to further cut back on the cost of solar of solar panels. Take a look at the table below to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Medfield

One reason so many are considering adopting solar energy is to help bring down their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Medfield, though. In a city like Medfield where commute times can be very long, installing solar panels can help help reduce the carbon footprint of being on the road a lot. In Medfield, the average homeowner can reduce their carbon footprint by 40 pounds a year after going solar. The advantages of solar power are abundant — just like solar power is! That's why so many people have been happy with making the switch to solar.