16 Best Solar Companies in Bath, ME (Jan 2023 Review)

The Cost and Benefits of Solar in Bath

For a lot of homeowners, whether or not you should invest in solar panels comes down to the cost. Some significant things that determine the upfront cost and potential savings over time include:

• The amount of sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar system won't be able to make as much energy, which will leave you with lower savings on power bills than a roof that gets lots of sunlight.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $16,000 over 20 years with your system, too.
• Your current energy bills: Solar panels can dramatically decrease, or entirely get rid of, your utility bills. In Bath, you can save an average of $75 a month.
• 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 save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on several factors, like the angle of your roof and your current power bills.

Solar Incentives in Bath

There are many reasons why you should switch to solar. One of them involves some government incentives that can save you money. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly stack the ITC with other local incentives. Check out our article on solar incentives to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Bath

There are a few main reasons why people are interested in solar energy: for the good of their bank accounts and the planet. But how much can switching to solar actually help the environment? In a city like Bath where energy use is rather high, installing solar panels is a great idea for households who want to do their part for the environment. In fact, if you make the switch to solar power, you could expect to reduce your carbon dioxide emissions by about 40 pounds each year. If you want to do what you can for the environment, you'll likely get that there are many benefits of adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is priceless.