15 Best Solar Companies in South Kingstown, RI (Mar 2023 Review)

The Cost and Benefits of Solar in South Kingstown

When choosing a solar company, most homeowners or business owners care about the costs above all. There are several factors you should take into consideration when trying to determine the overall cost and how much you can save, such as:

• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of installing your solar panel system from your taxes. Plus, not including incentives, you can save about $21,000 over 20 years on your energy bills.
• How much electricity your home consumes: Households that use plenty of energy each month may need more solar panels and, consequently, more upfront cost, but will also enjoy more savings over time.
• Your current electric bills: Solar panels can significantly decrease, or totally eradicate, your utility bills. In South Kingstown, you can save an average of $73 a month.
• The model of solar panel system you have the money for: This hinges on how much you're willing to invest upfront.

There are lots of great benefits of solar even with the upfront cost of installation. It can help the environment and your finances. Additionally, it can increase the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in South Kingstown

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a substantial amount of money in the long term due to reduced energy bills and government incentives. There are several federal, state and local rebates and tax credits that may earn you a decent amount of money back after buying a qualifying system. Take a look at our article on solar incentives to find out what incentives are available to you.

Environmental Impact of Switching to Solar in South Kingstown

One of the most compelling reasons to switch to solar energy is to cut your reliance on nonrenewable energy sources like burning fossil fuels, which are harmful for the environment. But — how much exactly can you help the environment by using solar power? The amount of energy you use is a key factor to think about. The more electricity you use, the bigger your impact when you go solar. Though solar panel manufacturing emits carbon dioxide, the panels make up for it by considerably lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In South Kingstown, you can reduce your carbon footprint by 40 pounds a year with solar panels. If you care about the environment, you'll most likely recognize that there are many benefits of adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is invaluable.