14 Best Solar Companies in West Greenwich, RI (Mar 2023 Review)

The Cost and Benefits of Solar in West Greenwich

For many readers, the decision of which solar installer to choose depends on pricing. A few main factors that affect how much it will cost to install solar panels on your home and how much it could save you over time include:

• How much you spend on energy: The typical household in West Greenwich spends around $880 a year on energy use alone, so you could be looking at that much in savings.
• The amount of sunlight your roof gets: If your roof gets limited direct sunlight, your solar panel system won't be able to generate as much energy, which will give you lower savings on energy bills than a roof that gets plenty of sunlight.
• Choice of solar panels: The kind of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• 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 various incentives that you can use. Additionally, you can save about $20,000 over 20 years on your utility bills, not including incentives.

Even though a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, like the angle of your roof and your energy consumption.

Solar Incentives in West Greenwich

To increase the number of homes and businesses that use solar power, federal, state and local governments — and even some utility companies — offer incentives to help make going solar more affordable and accessible. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much you paid for your solar installation on your tax return, lowering the amount of taxes you owe that year. Plus, there may be some local incentives you can benefit from too. For detailed information about local incentives, see our our article on solar incentives.

Environmental Impact of Switching to Solar in West Greenwich

If you're thinking of adding solar panels to your home, one of the main reasons why may be to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in West Greenwich, though. In a city like West Greenwich where energy use is somewhat high, making the switch to solar power is a good idea for those who are eco-conscious. After you go solar, your carbon dioxide emissions can be reduced by about 40 pounds a year. As you can see, investing in solar has so many other benefits apart from saving money. One of the major ones is that you can help save the environment too.