12 Best Solar Companies in Pawtucket, RI (Aug 2022 Review)

The Cost and Benefits of Solar in Pawtucket

When deciding on a solar company, most homeowners or business owners worry about the costs above all. The cost of solar and the savings it generates vary depending on some key factors such as:

• Your household's power bills: Based on the high monthly power bills in Pawtucket, you could save about $880 a year with solar.
• The amount of sunlight your rooftop gets: Because of Pawtucket's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.
• Choice of solar panels: The type of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your power bills, which can lead to an average of $20,000 of savings over 20 years.

Solar is a worthwhile investment for most homeowners. You can produce your own power instead of paying for it from a utility company and make use of solar incentives and rebates, all while helping preserve the environment.

Solar Incentives in Pawtucket

Although a solar power system is typically a large investment, it can save you a substantial amount of money over time because of lower utility bills and government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 26% of how much you paid for your solar installation on your tax return, reducing the amount of taxes you owe that year. Additionally, there may be some state and city incentives that can save you some extra money too. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Pawtucket

There are tons of reasons to make the switch to solar energy, like saving on electricity bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Pawtucket, though. The EPA reports that electricity generation is the second biggest source of greenhouse gas emissions and about 62% of our electricity comes from burning fossil fuels. Installing solar panels and switching to renewable energy can help bring down that statistic in a city like Pawtucket that produces a fair amount of carbon dioxide emissions each year. Once you go solar, your carbon dioxide emissions can be lowered by about 40 pounds every year. 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 energy other than just saving money on bills. You can also help protect the environment, which some would argue is invaluable.