15 Best Solar Companies in Somerset, MA (Aug 2022 Review)

The Cost and Benefits of Solar in Somerset

When deciding on a solar company, most homeowners or business owners worry about the costs above all. The cost and possible savings vary depending on a few important factors such as:

• Your energy bills: This will dictate how much you can save. In Somerset, the average homeowner can save about $1,000 a year on their electricity bills.
• Your income and budget: This shapes what type of solar panels you can buy.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 26% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $23,000 over the first 20 years with your solar system, too.
• Your energy consumption: If your family needs to use a lot of energy, you'll benefit more from installing solar panels.

Solar is a fruitful investment for most homeowners. You can generate your own energy instead of paying for it from a utility company and make use of solar tax credits and rebates, all while helping protect the Earth.

Solar Incentives in Somerset

Although solar power is typically a $15,000 to $25,000 investment, it can save you much money over many years due to smaller power bills and government incentives. There are quite a few federal, state and local rebates and tax credits that earn anywhere from 26% to 50% of your money in return after installing a solar panel system. In the table below, you can see the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Somerset

One reason so many homeowners are thinking of installing solar panels is to help bring down their environmental impact. But how much can using solar energy instead of traditional energy actually help the environment? One thing that can drastically influence your carbon footprint is how long your commute is and how much you drive in general. If you go solar and have an electric car, you can vastly decrease your carbon dioxide emissions by charging your car at home. Though solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have produced if you still used nonrenewable energy. In Somerset, you can reduce your carbon footprint by 40 pounds a year with solar panels. As you can see, investing in solar has so many other benefits outside of saving money. One of the major ones is that you can help save the planet too.