14 Best Solar Companies in West Greenwich, RI (Oct 2022 Review)

The Cost and Benefits of Solar in West Greenwich

When choosing a solar company, most homeowners or business owners care about the costs above all. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Your current power bills: Solar panels can noticeably reduce, or entirely eliminate, your utility bills. In West Greenwich, you can save an average of $73 a month.
• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your energy bills, which can give you an average of $20,000 of savings over 20 years.
• How much sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar system won't be able to make as much energy, which will give you lower savings on energy bills than a roof that gets plenty of sunlight.
• Your income and budget: This guides what kind of solar panels you can buy.

Although 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 several factors, such as 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 the table below.

Environmental Impact of Switching to Solar in West Greenwich

One of the reasons so many are thinking of going solar is to help bring down their environmental impact. But how much can switching to solar actually affect the environment? One thing that can severely affect your carbon footprint is your commute time and how much you drive in general. If you go solar and have an electric car, you can significantly reduce your carbon dioxide emissions by charging your car at home. In West Greenwich, the average household can lower their carbon footprint by 40 pounds a year after going solar. If you want to do what you can for the environment, you'll no doubt get that there are many benefits of adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is worth more.