15 Best Solar Companies in Lewiston, ME (Mar 2023 Review)

The Cost and Benefits of Solar in Lewiston

For many people, the decision of which solar company to choose depends on costs. Some main factors that influence how much it will cost to install a solar panel system on your home and how much money you could save over time are:

• How much energy costs for you: The typical household in Lewiston spends around $900 a year on power alone, so you could be looking at that much in savings.
• Where your home is: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• Incentives: Tax-paying citizens who buy and install a solar system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $16,000 on your electricity bills over 20 years without incentives.
• Your energy consumption: If your home needs to use a lot of energy, you'll benefit more from going solar.

Solar is a fruitful investment for most homeowners. You can make your own electricity instead of paying for it from a utility company and take advantage of solar incentives and rebates, all while helping the planet.

Solar Incentives in Lewiston

In order to increase the number of homes and businesses that use solar power, federal and local governments — and even some utility companies — offer incentives to help make solar more economical and accessible. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also possibly use the ITC with other local rebates and benefits. In our article on solar incentives, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Lewiston

If you want to add solar panels to your home, one of the primary reasons why may be to lower your reliance on nonrenewable energy. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Lewiston, though. If your household consumes a lot of energy, you can have an even greater impact on the planet by switching to solar energy. Because solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good trade for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 40 pounds each year. If you want to do your part for the environment, you'll no doubt recognize that there are many advantages to adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is invaluable.