12 Best Solar Companies in Reading, MA (Mar 2023 Review)

The Cost and Benefits of Solar in Reading

The cost of putting up a solar panel system has dropped greatly in the past several years, but it's still a large investment for most homeowners. Some significant things that impact how much it will cost and how much you could save include:

• Electricity consumption: The average home in Reading doesn't use much energy, and therefore may not see as many savings on their power bills.
• Your household's power bills: Because of fairly high monthly electric bills in Reading, you could save about $970 a year with solar.
• Choice of solar panels: The type of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Incentives: Those who install a solar system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $21,000 on your energy bills over 20 years excluding incentives.

Although a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on several factors, such as the angle of your roof and your energy consumption.

Solar Incentives in Reading

In an effort to increase solar panel installation and usage, federal, state and local governments — and even some utility companies — offer incentives to help make solar more economically viable and accessible. These incentives typically include cash rebates, tax benefits and/or solar renewable energy credits. They can cut the cost of going solar by 30%, upwards of 50% depending on your location. Take a look at our article on solar incentives to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Reading

Replacing nonrenewable energy with solar power is a compelling way to do your part for a more environmentally-friendly future. You may be curious — how much do solar panels help the planet anyway? A significant thing to think about is your overall carbon footprint. For example, if you spend a lot of time driving to work, your footprint may be bigger, so adopting solar power for your house can help offset that. In Reading, the average person can lower their carbon footprint by 40 pounds a year once they go solar. The benefits of solar power are plentiful — just like solar power is! That's why so many people have been happy with making the switch to solar.