17 Best Solar Companies in Topsham, ME (Feb 2023 Review)

The Cost and Benefits of Solar in Topsham

Solar panels run off a free energy source — the sun — but to take advantage of this you will first need to pay to set up your panels. There are several factors you should consider when determining how much it will cost and how much you can save, such as:

• Your current energy bills: Solar panels can greatly reduce, or entirely eliminate, your utility bills. In Topsham, you can save an average of $75 a month.
• Incentives: Those who install a solar 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 $16,000 on your utility bills over 20 years excluding incentives.
• Choice of solar panels: The kind of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Your city: This affects how much sunlight your roof gets, which helps determine how many panels you need.

There are several great benefits of solar even with the upfront cost of installation. It can help the environment and your wallet. Additionally, it can boost the value of your home, giving you even more benefits if you decide to sell your home later.

Solar Incentives in Topsham

One of the good things about installing a solar panel system is receiving incentives from the government. These incentives normally include cash rebates, tax breaks and/or solar renewable energy credits. They can lower how much you pay for installing solar panels by 30%, upwards of 50% depending on your location. 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 Topsham

One of the best reasons to adopt solar power is to minimize your reliance on nonrenewable energy sources like burning fossil fuels, which are harmful for the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Topsham, though. In a city like Topsham where energy use is rather high, going solar is a fantastic idea for homeowners who care about the planet. When you go solar, your carbon emissions can be lowered by about 40 pounds every year. If you want to do your part for the environment, you'll likely recognize that there are many benefits of adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is priceless.