14 Best Solar Companies in Stoughton, MA (Aug 2022 Review)

The Cost and Benefits of Solar in Stoughton

When deciding on a solar company, most homeowners or business owners wonder about the costs the most. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Choice of solar panels: The kind of solar panels you get 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 go with a higher number of more affordable panels.
• Electricity consumption: The average home in Stoughton doesn't use much energy, and consequently may not see as many savings on their power bills.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 26% of the project cost. Your state may also have various incentives that you can benefit from. In addition, you can save about $22,000 over 20 years on your utility bills, not including incentives.
• Your home's power bills: Because of fairly high monthly electricity bills in Stoughton, you could save about $1,000 a year with solar.

Thanks to the cost of solar panels being lower than before as well as several solar incentives, they are a cost-effective investment for the majority of homeowners.

Solar Incentives in Stoughton

Switching to solar power has a lot of considerable benefits. Not only can it help preserve the planet, but you can also save some money on your installation with various government incentives. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly use the ITC with other state and city incentives. Take a look at the table below to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Stoughton

Replacing nonrenewable energy with solar power is a profound way to do your part for a more environmentally-friendly future. But — how much exactly can you help the planet by using solar power? One thing to consider is your overall carbon footprint. For example, if you spend lots of time commuting to work and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. In fact, if you adopt solar power, you could be looking at reducing your carbon dioxide emissions by about 40 pounds each year. As you can see, using solar power has so many other rewards apart from saving money. One of the primary ones is that you can help save the planet too.