11 Best Solar Companies in Scituate, RI (Jul 2022 Review)

The Cost and Benefits of Solar in Scituate

While solar panels can help save you a good amount of money on energy bills over time, it's necessary to know the upfront costs. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 26% of the project cost. Your state may also have various incentives that you can benefit from. Additionally, you can save about $20,000 over 20 years on your utility bills, before factoring in incentives.
• How much you spend on energy: The average family in Scituate pays around $880 a year on power alone, so you could end up with that much in savings.
• The type of solar panels you want to get: Higher-efficiency panels are more expensive, so that will shape your budget for your solar project.
• How much power your household consumes: Households that need a lot of energy each month may require more solar panels and, as a result, be more expensive, but will also save more on their energy bills over time.

As a result of the cost of solar panels being lower than before as well as several solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Scituate

One of the great things about installing a solar panel system is receiving federal and potentially state incentives. State and city solar incentive programs depend on the location and, sometimes, utility company. Many states offer rebates for solar power systems, in addition to the federal solar tax credit. In the table below, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Scituate

One reason so many are thinking of adopting solar energy is to help lower their environmental impact. But — how much exactly can you help the planet by making the switch to solar? Adopting solar power is an impactful choice for the environment, due to the fact that the biggest source of greenhouse gas emissions in the country is from burning fossil fuels for electricity, heat, and transportation — all of which can be powered by solar instead. Since solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good substitute for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 40 pounds each year. If you care about the environment, you'll likely recognize that there are many advantages to adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is invaluable.