18 Best Solar Companies in Pascoag, RI (2023 Reviews)

The Cost and Benefits of Solar in Pascoag

We get that for lots of homeowners, the choice to invest in solar rests on installation costs. There are a few factors you should consider when trying to determine the overall cost and how much you can save, including:

• How much energy costs for you: 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 Pascoag, you can save an average of $76 a month on your electricity bills.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 30% of the cost of your solar system installation from your taxes. In addition, not including incentives, you can save about $21,000 over 20 years on your energy bills.
• The amount of sunlight your area gets: Because of Pascoag's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• The type and model of solar panels you're planning on getting: More efficient panels are more costly, so that will determine your budget for your solar project.

Thanks to the cost of solar panels being lower than before as well as local and federal solar incentives, they are a sound investment for most homeowners.

Solar Incentives in Pascoag

If you're planning on switching to solar energy, various government incentives and state programs can greatly lower your project costs and expedite the return on your investment. When you install solar panels, you can take advatage of the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. In addition, there are often some state and city incentives that you can benefit from to further cut back on the cost of solar of solar panels. Take a look at our article on solar incentives to learn what incentives are available to you.

Environmental Impact of Switching to Solar in Pascoag

If you're thinking of adding solar panels to your home, one of the main reasons why may be to lower your carbon footprint. A question many might have in mind is how much can they really help preserve the environment by switching to solar power anyway? A key thing to consider is your overall carbon footprint. For example, if your commute is very long, your footprint may be greater, so adopting solar energy for your home can help offset that. Although solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have produced if you still used nonrenewable energy. In Pascoag, you can reduce your carbon footprint by 40 pounds a year with solar panels. As you can see, going solar has so many other benefits apart from saving money. One of the primary ones is that you can help save the Earth too.