13 Best Solar Companies in Northborough, MA (Sep 2022 Review)

The Cost and Benefits of Solar in Northborough

The cost of installing solar panels has gone down significantly in the past several years, but it's still a substantial investment for most homeowners. The overall price and potential savings vary depending on a few important factors such as:

• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• How much power your household needs: If your family needs to use a lot of energy, you'll benefit more from going solar.
• How much energy costs for you: The typical family in Northborough spends around $940 a year on home energy use alone, so you could end up with that much in savings.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total 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 the first 20 years with your solar panels, too.

Solar is a valuable investment for most homeowners. You can make your own electricity instead of paying for it from a utility company and take advantage of solar incentives, all while helping protect the Earth.

Solar Incentives in Northborough

There are many reasons why you should switch to solar. One of them involves some government incentives that can save you money. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially stack the ITC with other local rebates and benefits. The table below lets you know about the incentives you can find in Northborough.

Environmental Impact of Switching to Solar in Northborough

An important reason so many are considering switching to solar power is to help lower their environmental impact. But — how much exactly can you help by going solar? One thing to consider is your overall carbon footprint. For example, if you spend lots of time commuting to work and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. Because solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good substitute for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 40 pounds each year. Since energy from the sun is abundant and makes electricity without free from carbon dioxide emissions, making the switch to solar power is one easy step you can take to help preserve the environment.