11 Best Solar Companies in Tisbury, MA (Aug 2022 Review)

The Cost and Benefits of Solar in Tisbury

The cost of installing a solar panel system has gone down greatly over the past several years, but it's still a significant investment for most homeowners. There are quite a few factors you should take into consideration when determining the overall cost and how much you can save, such as:

• Your location: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• How much electricity your household consumes: Households that consume lots of energy each month may call for more solar panels and, consequently, be more costly, but will also enjoy more savings over time.
• 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 lead to more savings 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.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 26% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $24,000 over the first 20 years with your system, too.

There are many great benefits of solar despite the upfront cost of installation. It can help the environment and your finances. In addition, it can boost the value of your home, resulting in even more benefits if you decide to sell your home later.

Solar Incentives in Tisbury

There are lots of reasons why you should switch to solar. One of them includes some government incentives you can take advantage of. When you install solar panels, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 26% of the cost of your solar panels. In addition, there are often some state and city incentives that you can use to further save. You can find out about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Tisbury

Making the switch to solar power is a profound way to do your part for a more eco-friendly future. But you may be curious — how much exactly can you help the planet by making the switch to solar? How much energy you use is an important factor to keep in mind. The more energy your household consumes, the larger your impact when you make the switch to solar power. Though making solar panels emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have released if you still used nonrenewable energy. In Tisbury, you can reduce your carbon footprint by 40 pounds a year with solar panels. If you want to do your part for the environment, you'll most likely find that there are many good things about adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is invaluable.