14 Best Solar Companies in Woburn, MA (Oct 2022 Review)

The Cost and Benefits of Solar in Woburn

When picking a solar company, most homeowners or business owners wonder about the costs the most. Some important things that affect the cost and possible savings include:

• The type and model of solar panels you're planning on getting: More high-tech panels are more highly priced, so that will influence your budget for your solar project.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and city may also have various incentives that you can take advantage of. In addition, you can save about $22,000 over 20 years on your utility bills, without incentives.
• The amount of sunlight your roof gets: If your roof gets limited direct sunlight, your solar panels won't be able to produce as much energy, which will leave you with lower savings on energy bills than someone with a roof that gets lots of sunlight.
• Your current electric bills: Solar panels can significantly reduce, or totally eliminate, your utility bills. In Woburn, you can save an average of $86 a month.

As a result of solar panels now being cheaper than ever as well as various solar incentives, they are a cost-effective investment for many homeowners.

Solar Incentives in Woburn

Although installing solar panels is typically a large investment, it can save you a significant amount of money over time due to reduced utility bills and government incentives. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much your solar project cost when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some local incentives that can save you some extra money too. For comprehensive information about local incentives, check out the table below.

Environmental Impact of Switching to Solar in Woburn

Installing solar panels can have a meaningful impact on the environment. You may be curious — how much do solar panels do for the planet anyway? The average person has a substantial carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions each year, and powering their home, it can be overwhelming to figure out what to do. Using solar power is a practical thing you can do to help. Even though solar panel production emits carbon dioxide, the panels make up for it by considerably reducing the amount of CO2 you would have released if you still used traditional energy. In Woburn, you can reduce your carbon footprint by 40 pounds a year with solar panels. As you can see, using solar power has so many other benefits besides saving money. One of the major ones is that you can help save the Earth too.