17 Best Solar Companies in Pittsfield, ME (Mar 2023 Review)

The Cost and Benefits of Solar in Pittsfield

When picking a solar company, most homeowners or business owners wonder about the costs above all. The overall price and potential savings vary depending on some key factors such as:

• Energy consumption: Installing a solar system may be too steep of an option for families that don't consume a good amount of energy a month.
• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save money on your energy bills, which can result in an average of $15,000 of savings over 20 years.
• The type of solar panel system you can purchase: This hinges on what your budget is.
• How much energy costs for you: If your local utility rates are high, there's a better chance you'll end up with a higher return on your investment in a solar system. In Pittsfield, you can save an average of $75 a month on your electricity bills.

There are many great benefits of solar in spite of the initial cost of installation. It can help the environment and your finances. In addition, it can raise the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in Pittsfield

Because solar power is better for the environment than fossil fuels, there are some government incentives in place to encourage people to make the switch. These incentives typically consist of cash rebates, tax benefits and/or performance-based incentives. They can cut the cost of installing solar panels by 30%, upwards of 50% in some cases. For comprehensive information about incentives for homeowners in Pittsfield, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Pittsfield

If you're planning on adding solar panels to your home, one of the main reasons why may be to reduce your reliance on nonrenewable energy. But — how much exactly can you help the planet by using solar power? How much energy you use is an important factor to think about. The more energy your household consumes, the bigger your impact when you make the switch to solar power. In fact, if you adopt solar power, you could expect to reduce your carbon dioxide emissions by about 40 pounds each year. If you want to do your part for the environment, you'll likely 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 more valuable.