11 Best Solar Companies in Scituate, RI (Mar 2023 Review)

The Cost and Benefits of Solar in Scituate

The cost of installing a solar panel system has dropped significantly over the past several years, but it's still a substantial investment for most homeowners. Some main factors that affect how much it will cost to install solar panels on your home and how much money you could save over time include:

• 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 installing your solar panel system from your taxes. Additionally, not including incentives, you can save about $20,000 over 20 years on your energy bills.
• System size and type: Some models are more costly than others, so the one you decide on can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• Energy consumption: Installing a solar system may be too pricey an option for families that don't use a good amount of energy per month.
• How much energy costs for you: The typical family in Scituate shells out around $880 a year on electricity alone, so you could be looking at that much in savings.

Solar is a profitable investment for most homeowners. You can produce your own electricity instead of paying for it from a utility company and benefit from solar incentives, all while helping protect the Earth.

Solar Incentives in Scituate

There are several reasons why you should switch to solar. One of them involves some government incentives that can help save you some money. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much your solar project cost when you file taxes, lowering 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. In our article on solar incentives, you can see the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Scituate

There are lots of reasons to switch to solar power, like saving money on electricity bills and helping to lower your carbon footprint. You may be wondering — how much does making the switch do for the planet anyway? One thing you should consider is your overall carbon footprint. For example, if you spend a lot of time in the car and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. In fact, if you make the switch to solar power, you could reduce your carbon dioxide emissions by about 40 pounds each year. As you can see, going solar has so many other benefits apart from saving money. One of the main ones is that you can help save the Earth too.