14 Best Solar Companies in Raynham, MA (Aug 2022 Review)

The Cost and Benefits of Solar in Raynham

When choosing a solar company, most homeowners or business owners worry about the costs the most. Some key factors that determine how much it will cost to install a solar panel system on your home and how much money you could save over time are:

• The kind of solar panel system you can purchase: This hinges on your income and budget.
• Typical energy usage: The more electricity your home consumes on average and the larger your current electricity bills are, the more benefits you'll see from going solar.
• Incentives: One thing that can make your solar project cost less 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 money on your power bills, which can give you an average of $22,000 of savings over 20 years.
• Your current energy bills: Solar panels can substantially lower, or completely get rid of, your utility bills. In Raynham, you can save an average of $82 a month.

There are several good benefits of solar despite the upfront cost of installation. It can help the planet and your bank account. Plus, it can increase the value of your home, leading to even more benefits if you decide to sell your home later.

Solar Incentives in Raynham

In order to increase the adoption of solar power, federal, state and local governments — and even some utility companies — offer incentives to help make going solar more financially viable and accessible. When you install solar panels on your house, you can take advatage of the federal tax credit, or ITC. This credit currently reduces your tax bill by 26% of the cost of your solar panels. In addition, there may often be some regional incentives that you can use to further cut back on the cost of solar of solar panels. For more information about local incentives, check out the table below.

Environmental Impact of Switching to Solar in Raynham

If you're thinking of adding solar panels to your home, one of the main reasons why may be to lower your carbon dioxide emissions. You may be asking yourself — how much does making the switch help the environment anyway? A significant thing to keep in mind is your overall carbon footprint. For example, if you have a long commute, your footprint may be bigger, so adopting solar energy for your home can help offset that. Although solar panel manufacturing emits carbon dioxide, the panels make up for it by considerably decreasing the amount of CO2 you would have been responsible for if you still used traditional energy. In Raynham, you can reduce your carbon footprint by 40 pounds a year with solar panels. If you want to do what you can for the environment, you'll likely find that there are many benefits of adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is priceless.