15 Best Solar Companies in Needham, MA (Oct 2022 Review)

The Cost and Benefits of Solar in Needham

The cost of putting up a solar panel system has decreased significantly in the past few years, but it's still a large investment for most homeowners. The cost and possible savings vary depending on some key factors such as:

• Your home's power bills: Due to fairly high monthly energy bills in Needham, you could save about $1,000 a year with solar.
• Your energy consumption: If your family needs to use a lot of energy, you'll benefit more from going solar.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and city may also have various incentives that you can take advantage of. Additionally, you can save about $22,000 over 20 years on your utility bills, before factoring in incentives.
• Your income and budget: This shapes what kind of solar panels you can buy.

So is buying solar panels worth it? Whether you hope to lower your electricity costs, carbon dioxide emissions or both, solar panels are a good investment for many Needham homeowners.

Solar Incentives in Needham

Because solar power is better for the environment than burning fossil fuels, there are quite a few government incentives available to encourage people to make the switch. When you install solar panels on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Plus, there may often be some state and city incentives that you can use to further save. Check out the table below to learn what incentives are available to you.

Environmental Impact of Switching to Solar in Needham

Making the switch to solar power is a good way to do what you can for a cleaner and more sustainable future. But how much can installing solar panels actually affect the environment? The average person has a considerable carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions a year, and powering their home, it can be overwhelming to figure out what to do. Using solar power is a practical thing you can do to help. Because solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 40 pounds each year. As you can see, trading traditional energy for solar has so many other perks besides saving money. One of the most important ones is that you can help save the planet too.