16 Best Solar Companies in Worcester, MA (Dec 2022 Review)

The Cost and Benefits of Solar in Worcester

Even though solar panels can help save you a good amount of money on power bills over time, it's necessary to know the startup costs. There are several 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 currently allows you to lower your taxes by 30% of the project cost. Your state may also have various incentives that you can take advantage of. Plus, you can save about $21,000 over 20 years on your utility bills, before factoring in incentives.
• Your location: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• System size and type: Some models are more expensive than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• Your household's power bills: Based on the fairly high monthly electric bills in Worcester, you could save about $990 a year with solar.

Although a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on several factors, including the size of your solar panel system and incentives.

Solar Incentives in Worcester

One of the good things about installing a solar panel system is receiving federal and potentially state incentives. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much your solar project cost when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some local incentives that stack with the ITC too. In our article on solar incentives, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Worcester

Lots of people want to do what they can to help protect the planet, which for many is the main reason they're interested in installing a solar system. But how much can switching to solar actually affect the environment? Regardless of your location, you can help the planet by switching to solar energy, but homes that consume lots of energy will have a bigger impact. While solar panel manufacturing emits carbon dioxide, the panels make up for it by significantly lowering the amount of CO2 you would have released if you still used nonrenewable energy. In Worcester, you can reduce your carbon footprint by 40 pounds a year with solar panels. For people who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.