14 Best Solar Companies in West Newbury, MA (Mar 2023 Review)

The Cost and Benefits of Solar in West Newbury

When picking a solar company, most homeowners or business owners worry about the costs above all. The overall price and potential savings vary depending on some important factors such as:

• Your income and budget: This affects what type of solar panels you can purchase.
• Typical energy usage: The more power your home uses on average and the higher your current power bills are, the more likely you'll benefit from switching to solar.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $23,000 over 20 years with your solar system, too.
• The cost of energy for you: If your local power rates are quite high, there's a better chance you'll end up with a higher return on your investment in solar panels. In West Newbury, you can save an average of $84 a month on your electricity bills.

Solar is a valuable investment for most homeowners. You can produce your own energy instead of paying for it from a utility company and take advantage of solar incentives and rebates, all while helping preserve the environment.

Solar Incentives in West Newbury

If you're considering switching to solar power, several government incentives and tax credits can dramatically bring down the cost of the project and expedite the return on your investment. On top of the federal tax credit incentive, there are also some state- and city-level incentives, which in almost all cases, stack with the federal incentive, so you get to save even more. For more information about local incentives, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in West Newbury

Replacing nonrenewable energy with solar power is a good way to do your part for a more sustainable future. Something many homeowners might be wondering about is how much can they really help preserve the environment by going solar anyway? One thing to keep in mind is your overall carbon footprint. For example, if you spend a lot of time on the road and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. Though solar panel production releases carbon dioxide emissions, the panels make up for it by considerably lowering the amount of CO2 you would have released if you still used nonrenewable energy. In West Newbury, you can reduce your carbon footprint by 40 pounds a year with solar panels. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.