14 Best Solar Companies in Woburn, MA (Feb 2023 Review)

The Cost and Benefits of Solar in Woburn

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will first need to pay to install your panels. A few important factors that influence how much it will cost to install solar panels on your home and how much money you could save over time include:

• Incentives: Something that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save on your utility bills, which can lead to an average of $22,000 of savings over 20 years.
• Your current electric bills: Solar panels can substantially reduce, or totally get rid of, your utility bills. In Woburn, you can save an average of $86 a month.
• Your location: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• Choice of solar panels: The type 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 opt for a higher number of more affordable panels.

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

Solar Incentives in Woburn

To increase the number of homes and businesses that use solar power, federal, state and local governments — and even some utility companies — offer incentives to help make solar power more financially viable and accessible. These incentives mostly take the form of cash rebates, tax breaks and/or performance-based incentives. They can reduce the cost of going solar by 30%, upwards of 50% in some cases. Check out our article on solar incentives to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Woburn

There are tons of reasons to trade traditional energy for solar energy, like saving money on utility bills and helping to reduce your carbon footprint. But you may be curious — how much exactly can you help the environment by going solar? The more energy you use, the better off the planet will be when you switch to solar as you won't need to use as much nonrenewable energy. In Woburn, the average resident can reduce their carbon footprint by 40 pounds a year after going solar. Since solar energy is abundant and produces electricity without CO2 emissions, making the switch to solar power is one easy step you can take to help preserve the planet.