11 Best Solar Companies in Wilton, NH (Oct 2022 Review)

The Cost and Benefits of Solar in Wilton

For a lot of homeowners, whether or not you should invest in solar energy boils down to the cost. Some significant things that impact the upfront cost and potential savings over time include:

• The amount of sunlight your house gets: Because of Wilton's relatively low amount of average daily sunlight, you might not see as many savings on your power bills.
• 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 $19,000 on your energy bills over 20 years not including incentives.
• The cost of electricity in your area: If your local utility rates are quite high, there's a good chance you'll end up with a higher return on your investment in a solar panel system. In Wilton, you can save an average of $83 a month on your electricity bills.
• The kind of solar panels you have the money for: This depends on your income and budget.

Even though a solar panel system costs a decent chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on a number of factors, like the amount of daily direct sunlight available and your current power bills.

Solar Incentives in Wilton

There are a lot of reasons why going solar is a great investment. One of them consists of some government incentives that can help save you some money. There are a lot of federal, state and local rebates and tax credits that earn anywhere from 26% to 50% of your money back after paying for a qualifying system. You can learn about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Wilton

There are a few big reasons why homeowners want to invest in solar energy: for the good of their bank accounts and the planet. You may be wondering — how much does going solar do for the environment anyway? The average person has a considerable carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions a year, and powering their home, it can be overwhelming to figure out what to do. Switching to solar is one of the easiest things you can do to help. Though solar panel production releases carbon dioxide emissions, the panels make up for it by significantly lowering the amount of CO2 you would have produced if you still used nonrenewable energy. In Wilton, you can reduce your carbon footprint by 40 pounds a year with solar panels. For those who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.