13 Best Solar Companies in Saugus, MA (Aug 2022 Review)

The Cost and Benefits of Solar in Saugus

For most homeowners, whether or not to invest in solar energy boils down to the cost. There are several factors you should consider when trying to figure out the overall cost and how much you can save, such as:

• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 26% of the project cost. Your state and even local utility companies may also have various incentives that you can benefit from. Plus, you can save about $22,000 over 20 years on your utility bills, before factoring in incentives.
• How much power your home consumes: Households that consume plenty of power each month may call for more solar panels and, therefore, be more costly, but will also benefit more over time.
• Your current electricity bills: Solar panels can noticeably reduce, or entirely get rid of, your utility bills. In Saugus, you can save an average of $80 a month.
• Your income and budget: This affects what kind of solar panels you can afford.

Solar is a worthwhile investment for most homeowners. You can produce your own electricity instead of paying for it from a utility company and make use of solar incentives and rebates, all while helping preserve the planet.

Solar Incentives in Saugus

If you're considering switching to solar energy, a number of government incentives and state programs can drastically lower the installation costs and expedite the return on your investment. On top of the federal tax credit incentive, there are also some local incentives, which in most cases, stack with the federal incentive, so you can save even more. Take a look at the table below to see what incentives are available to you.

Environmental Impact of Switching to Solar in Saugus

There are a few big reasons why homeowners want to invest in solar energy: for the financial and environmental benefits. But how much can installing solar panels actually help the environment? The average person has a sizable carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions a year, and electricity for their home, it can be overwhelming to think about what to do. Using solar power is a practical thing you can do to help. After you go solar, your carbon emissions can be reduced by about 40 pounds every year. As you can see, going solar has so many other perks outside of saving money. One of the most important ones is that you can help save the planet too.