18 Best Solar Companies in Arundel, ME (Jan 2023 Review)

The Cost and Benefits of Solar in Arundel

While solar panels can help save you money on utility bills over time, it's important to know the upfront costs. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Incentives: Those who install a solar energy system this year can save 30% of their overall solar costs by taking advantage of the federal solar investment tax credit. You can also save about $17,000 on your electricity bills over 20 years without incentives.
• The type of solar panels you're planning on getting: Higher-efficiency panels cost more, so that will shape your budget for your solar project.
• How much energy you use: If your household regularly uses a lot of energy, you'll reap more rewards from switching to solar.
• The cost of electricity in your area: If your local power rates are high, there's a better chance you'll have a higher return on your investment in solar panels. In Arundel, you can save an average of $78 a month on your electricity bills.

So are solar panels worth it? Whether you're trying to lower your electric bills, carbon dioxide emissions or both, solar panels are a good investment for many Arundel homeowners.

Solar Incentives in Arundel

One of the great things about installing a solar panel system is receiving federal and potentially state incentives. On top of the federal tax credit incentive, there are also some local incentives, which in most cases, can be claimed in addition to the federal incentive, so you can save even more. Take a look at our article on solar incentives to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Arundel

If you want to add solar panels to your home, one of the major reasons why may be to lower your reliance on nonrenewable energy. But you may be curious — how much exactly can you help the planet by going solar? One thing you should keep in mind is your overall carbon footprint. For example, if you spend a lot of time in the car and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. When you go solar, your carbon footprint can be cut by about 40 pounds a year. For those who want to help the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.