11 Best Solar Companies in Yarmouth Port, MA (Aug 2022 Review)

The Cost and Benefits of Solar in Yarmouth Port

Even though solar panels can help save you a decent chunk of change on energy bills over time, it's necessary to take into consideration the startup costs. There are several factors you should consider when trying to figure out costs and your potential savings, such as:

• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your power bills, which can generate an average of $24,000 of savings over 20 years.
• Average daily sunlight: Since Yarmouth Port gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much you can save on your energy bills.
• Energy consumption: Installing solar panels may be an expensive option for households that don't need a lot of energy a month.
• The type and model of solar panels you're planning on getting: Higher-efficiency panels are more expensive, so that will affect your budget for your solar project.

Even though a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, such as the kind of solar panels you get and your energy consumption.

Solar Incentives in Yarmouth Port

If you're considering switching to solar energy, various government incentives and solar rebates can dramatically lower the cost of the project and speed up the return on your investment. These incentives mostly consist of cash rebates, tax credits and/or performance-based incentives. They can lower the cost of going solar by 26 to 50% in some cases. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Yarmouth Port

A lot of people want to do what they can to help protect the planet, which for many is the chief reason they're interested in installing a solar system. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Yarmouth Port, though. The average person has a substantial carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions a year, and powering their home, it can be overwhelming to figure out what to do. Using solar power is a simple thing you can do to help. Since solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good alternative to traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 40 pounds each year. For people who care about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.