15 Best Solar Companies in Boston, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Boston

Solar panels are powered by a free energy source — the sun — but to take advantage of this you first need to pay to install your system. There are quite a few factors you should take into consideration when determining costs and your potential savings, including:

• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of your solar system installation from your taxes. Plus, not including incentives, you can save about $13,000 over 20 years on your energy bills.
• Your location: This influences how much sunlight your roof gets, which helps determine how many panels you need.
• The cost of energy for you: If your local electricity rates are high, there's a better chance you'll have a higher return on your investment in solar panels. In Boston, you can save an average of $51 a month on your electricity bills.
• The kind of solar panels you want to get: More efficient panels are more expensive, so that will affect your budget for your solar project.

Thanks to solar panels now being cheaper than ever as well as various solar incentives, they are a solid investment for the majority of homeowners.

Solar Incentives in Boston

One of the benefits of installing a solar panel system is receiving incentives from the government. When you install a solar panel system on your house, you can claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Additionally, there are often some local incentives that you can benefit from to further cut back on the cost of solar of solar panels. For comprehensive information about incentives that apply to you, check out the table below.

Environmental Impact of Switching to Solar in Boston

There are tons of reasons to switch to solar energy, like saving some money on electricity bills and helping to reduce your carbon footprint. But — how much exactly can you help the planet by making the switch to solar? If your household uses lots of energy, you can help the environment even more by switching to solar energy. Because solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good trade for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 20 pounds each year. The perks of solar power are infinite — just like solar power is! That's why so many people have been happy with committing to solar.