18 Best Solar Companies in Bellows Falls, VT (Mar 2023 Review)

The Cost and Benefits of Solar in Bellows Falls

We understand that for lots of homeowners, the choice to invest in solar comes down to installation costs. Some significant things that impact the upfront cost and potential savings over time include:

• How much energy costs for you: The average family in Bellows Falls spends around $1,400 a year on energy alone, so you could end up with that much in savings.
• Choice of solar panels: The type of solar panels you want will affect your total cost. High-efficiency monocrystalline panels will cost more 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: Something that can make your solar project cost less 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 utility bills, which can give you an average of $24,000 of savings over 20 years.
• How much power your home consumes: Homes that need a lot of electricity each month may need more solar panels and, as a result, more upfront cost, but will also benefit more over time.

So is installing solar panels worth it? Whether you hope to reduce your energy bills, carbon emissions or both, solar panels are a good investment for many Bellows Falls homeowners.

Solar Incentives in Bellows Falls

Although solar power is typically a $15,000 to $25,000 investment, it can save you a substantial amount of money over the lifespan of your solar panels because of reduced utility bills and government incentives. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also possibly stack the ITC with other state and city incentives. Take a look at our article on solar incentives to learn what incentives are available to you.

Environmental Impact of Switching to Solar in Bellows Falls

An important reason so many homeowners consider switching to solar power is to help bring down their environmental impact. You may be trying to figure out — how much does going solar help the environment anyway? How much energy you use is a significant factor to consider. The more power your household consumes, the bigger your impact when you make the switch to solar power. In fact, if you adopt solar power, you could lower your carbon dioxide emissions by about 40 pounds each year. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.