16 Best Solar Companies in Bedford, NH (Jan 2023 Review)

The Cost and Benefits of Solar in Bedford

Solar panels run off a free energy source — the sun — but to take advantage of this you must first pay to set up your system. Some important things that affect how much it will cost and how much you could save include:

• Your income and budget: This shapes what model of solar panels you can purchase.
• Incentives: One thing that can save you money on 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 a decent amount of money on your power bills, which can result in an average of $19,000 of savings over 20 years.
• How much sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar system won't be able to produce as much energy, which will give you lower savings on power bills than someone with a roof that gets a lot of sunlight.
• Your energy consumption: If your family needs to use a lot of energy, you'll reap more rewards from switching to solar.

Although a solar panel system costs a sizable chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on several factors, such as the size of your solar panel system and incentives.

Solar Incentives in Bedford

Because solar power is a cleaner source of energy than fossil fuels, there are several government incentives available to encourage people to make the switch. On top of the federal solar investment tax credit, there are also some state- and city-level programs, which in almost all cases, stack with the federal incentive, so you get to save even more. For more information about local incentives, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Bedford

If you're planning on adding solar panels to your home, one of the principal reasons why may be to lower your greenhouse gas emissions. But — how much exactly can you help the environment by going solar? In a city like Bedford where energy use is somewhat high, making the switch to solar power is a great plan for homeowners who are eco-conscious. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good alternative to traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 40 pounds each year. As you can see, using solar power has so many other rewards apart from saving money. One of the major ones is that you can help save the planet too.