16 Best Solar Companies in Middletown, RI (Feb 2023 Review)

The Cost and Benefits of Solar in Middletown

For many people considering switching to solar, the decision of which solar company to choose comes down to total costs. Some main factors that affect how much it will cost to install a solar panel system on your home and how much money you could save over time include:

• The cost of electricity in your area: If your local power rates are high, there's a better chance you'll get a higher return on your investment in solar panels. In Middletown, you can save an average of $73 a month on your electricity bills.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $21,000 over 20 years on your energy bills.
• Your income and budget: This guides what type of solar panels you can buy.
• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar system won't be able to make as much energy, which will give you lower savings on power bills than someone with a roof that gets plenty of sunlight.

So is buying solar panels worth it? Whether you're trying to reduce your electricity costs, greenhouse gas emissions or both, solar panels are a worthwhile investment for many Middletown homeowners.

Solar Incentives in Middletown

Although solar power is typically a big investment, it can save you a significant amount of money over the lifespan of your solar panels because of smaller utility bills and government incentives. These incentives usually take the form of cash rebates, tax benefits and/or solar renewable energy credits. They can reduce the cost you pay for installing solar panels by 30%, upwards of 50% depending on where you live. For more information about local incentives, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Middletown

One of the reasons so many consider adopting solar energy is to help reduce their environmental impact. You may be curious — how much does making the switch help the environment anyway? How much energy you use is an important factor to keep in mind. The more electricity your household consumes, the bigger your impact when you switch to solar energy. While solar panel manufacturing emits carbon dioxide, the panels make up for it by considerably reducing the amount of CO2 you would have released if you still used nonrenewable energy. In Middletown, you can reduce your carbon footprint by 40 pounds a year with solar panels. If you want to do what you can for the environment, you'll most likely recognize that there are many good things about adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is priceless.