16 Best Solar Companies in Somerville, MA (Jan 2023 Review)

The Cost and Benefits of Solar in Somerville

Although solar panels can save you a decent chunk of change on electricity bills over time, it's important to know the startup costs. There are several factors you should consider when trying to figure out costs and your potential savings, including:

• Your income and budget: This guides what kind of solar panels you can buy.
• Incentives: Tax-paying citizens who install a solar system this year can save 30% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $22,000 on your electricity bills over 20 years not including incentives.
• The amount of sunlight your rooftop gets: Because of Somerville's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.
• Your home's power bills: Due to fairly high monthly electricity bills in Somerville, you could save about $1,000 a year with solar.

There are many good benefits of solar even with the initial cost of installation. It can help the planet and your bank account. 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 Somerville

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 switching to solar power more financially viable and accessible. These incentives typically include cash rebates, tax breaks and/or performance-based incentives. They can lower the cost you pay for going solar by 30%, upwards of 50% depending on where you live. Our article on solar incentives goes over more information on the incentives you can take advantage of in Somerville.

Environmental Impact of Switching to Solar in Somerville

One of the most compelling reasons to switch to solar power is to reduce your reliance on nonrenewable energy sources like burning fossil fuels, which are destructive for the environment. But how much can installing solar panels actually affect the environment? The more power your household uses, the the more the environment will benefit when you switch to solar as you won't need to burn as many fossil fuels. In Somerville, the average household can lower their carbon footprint by 40 pounds a year once they go solar. As you can see, going solar has so many other benefits outside of saving money. One of the most important ones is that you can help save the environment too.