11 Best Solar Companies in Orange, MA (Aug 2022 Review)

The Cost and Benefits of Solar in Orange

Even though solar panels can save you a decent chunk of change on energy over time, it's necessary to consider the upfront costs. A few important factors that influence the cost of installing a solar panel system on your home and how much money you could save over time are:

• 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's equal to a percentage of the project cost. You can also save on your utility bills, which can generate an average of $22,000 of savings over 20 years.
• Your energy bills: This will impact your savings. In Orange, the average resident can save about $1,000 a year on their electricity bills.
• average energy usage: The more electricity your household consumes on average and the steeper your current electricity bills are, the more money you could save by switching to solar.
• The kind of solar panel system you can afford: This hinges on your income and budget.

As a result of solar panels decreasing in cost as well as several solar incentives, they are a sound investment for many homeowners.

Solar Incentives in Orange

One of the benefits of installing a solar panel system is earning government incentives. On top of the federal solar investment tax credit, there are also some local incentives, which in most cases, stack with the federal incentive, so you can save even more. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Orange

There are a few primary reasons why people want to invest in solar energy: for the financial and environmental benefits. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Orange, though. The average person has a considerable carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions each year, and electricity for their home, it can be overwhelming to think about what to do. Installing solar panels is a simple thing you can do to help. Because solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 40 pounds each year. For people who are worried about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.