18 Best Solar Companies in Warwick, RI (Dec 2022 Review)

The Cost and Benefits of Solar in Warwick

We get that for lots of homeowners, the decision to invest in solar comes down to installation costs. The cost of solar and the savings it generates vary depending on a few key factors such as:

• System size and type: Some models are more pricy than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• Average daily sunlight: Since Warwick gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much your solar panels can save you on your electricity bills.
• Your home's power bills: Because of high monthly energy bills in Warwick, you could save about $880 a year with solar.
• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can use. Additionally, you can save about $20,000 over 20 years on your utility bills, without incentives.

Though a solar panel system costs a sizable chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on a number of factors, such as the angle of your roof and incentives.

Solar Incentives in Warwick

One of the good things about installing a solar panel system is earning incentives from the government. On top of the federal tax credit incentive, there are also some state- and city-level programs, which in almost all cases, stack with the federal incentive, so you get to save even more. In our article on solar incentives, you can see the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Warwick

If you want to add solar panels to your home, one of the main reasons why may be to reduce your reliance on nonrenewable energy. But how much can switching to solar actually affect the environment? In a city like Warwick where commute times can be pretty long, using solar power can help help reduce the carbon footprint of driving. If you go solar, your carbon emissions can be reduced by about 40 pounds every year. Since solar energy is plentiful and makes electricity without free from carbon dioxide emissions, installing solar panels is one easy step you can take to help preserve the environment.