15 Best Solar Companies in Hopkinton, NH (Mar 2023 Review)

The Cost and Benefits of Solar in Hopkinton

Although solar panels can help save you money on energy bills over time, it's necessary to take into consideration the upfront costs. There are quite a few factors you should consider when trying to figure out how much it will cost and how much you can save, such as:

• average energy usage: The more power your home consumes on average and the greater your current power bills are, the more money you could save by going solar.
• Incentives: Those who install a solar system this year can save 30% of their solar installation costs by using the federal solar investment tax credit. You can also save about $18,000 on your electricity bills over 20 years excluding incentives.
• System size and type: Some models are more expensive than others, so the one you want to get can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• Your energy bills: This will determine how much you can save. In Hopkinton, the average homeowner can save about $950 a year on their electricity bills.

Solar is a valuable investment for most homeowners. You can make your own electricity instead of paying for it from the grid and benefit from solar incentives, all while helping preserve the environment.

Solar Incentives in Hopkinton

Switching to solar power has plenty of great benefits. Not only can it help protect the planet, but you can also save a good amount of money on your installation with various government incentives. These incentives usually take the form of cash rebates, tax benefits 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. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Hopkinton

Switching to solar energy can have a positive impact on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Hopkinton, though. If your family uses a lot of energy, you can help the environment even more by switching to solar energy. Since solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good alternative to traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 40 pounds each year. If you want to do what you can for the environment, you'll no doubt find 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.