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

The Cost and Benefits of Solar in Wellesley

When picking a solar company, most homeowners or business owners care about the costs above all. There are quite a few factors you should take into consideration when trying to figure out the overall cost and how much you can save, such as:

• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 26% of the cost of installing your solar panel system from your taxes. In addition, not including incentives, you can save about $22,000 over 20 years on your energy bills.
• Your household's power bills: Because of fairly high monthly electricity bills in Wellesley, you could save about $1,000 a year with solar.
• The kind of solar panel system you have the money for: This hinges on how much you're willing to invest upfront.
• How much energy your household consumes: Homes that use lots of energy each month may require more solar panels and, therefore, more upfront cost, but will also enjoy more savings over time.

Though a solar panel system costs a sizable chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on a number of factors, like the amount of daily direct sunlight available and your local electricity rates.

Solar Incentives in Wellesley

Switching to solar power has plenty of great benefits. Not only can it help protect the environment, but you can also save some money on your installation with various government incentives. There are a lot of federal, state and local rebates and tax credits that may earn you a decent amount of money in return after buying a solar panel system. For detailed information about incentives for homeowners in Wellesley, see the table below.

Environmental Impact of Switching to Solar in Wellesley

There are tons of reasons to make the switch to solar power, like saving on utility bills and helping to lower your carbon footprint. But — how much exactly can you help the planet by making the switch to solar? Something that can dramatically affect your carbon footprint is how long your commute is and how much you drive altogether. If you install solar panels and drive an electric car, you can greatly lower your carbon dioxide emissions by charging your car at home. In Wellesley, the average household can reduce their carbon footprint by 40 pounds a year once they go solar. Since solar energy is plentiful and generates electricity without CO2 emissions, making the switch to solar power is one easy step you can take to help the planet.