16 Best Solar Companies in Revere, MA (Aug 2022 Review)

The Cost and Benefits of Solar in Revere

For many readers, the decision of which solar installer to choose comes down to pricing. There are several factors you should consider when trying to figure out costs and your potential savings, including:

• The kind of solar panels you're thinking of getting: Higher-efficiency panels are more costly, so that will affect your budget for your solar project.
• How much power your household needs: If your household regularly uses a lot of energy, you'll see more savings from going solar.
• Your home's power bills: Based on the fairly high monthly energy bills in Revere, you could save about $1,000 a year with solar.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 26% of the cost of installing your solar panel system from your federal taxes. Additionally, not including incentives, you can save about $22,000 over 20 years on your energy bills.

There are many wonderful benefits of solar even with the upfront cost of installation. It can help the environment and your wallet. Additionally, it can increase the value of your home, giving you even more benefits if you want to sell your home later.

Solar Incentives in Revere

If you're thinking about switching to solar power, several government incentives and tax credits can dramatically bring down your project costs and speed up the return on your investment. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also potentially pair the ITC with other state and city rebates and benefits. You can find out about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Revere

There are a few main reasons why homeowners want to invest in solar energy: for the financial and environmental benefits. But you may be curious — how much exactly can you help the planet by making the switch to solar? Adopting solar power is an impactful choice for the environment, due to the fact that the biggest source of greenhouse gas emissions in the U.S. is from burning fossil fuels for electricity, heat, and transportation — all of which can be powered by solar instead. In fact, if you adopt solar power, you could expect to reduce your carbon dioxide emissions by about 40 pounds each year. As you can see, going solar has so many other rewards outside of saving money. One of the primary ones is that you can help save the Earth too.