Due to falling prices and generous incentives you can often install a system that will pay for itself in 5-7 years if you have a suitable site. Most companies do the work for you and include the state and federal incentives when quoting your installation price. After that it’s all positive cash flow as the panels generate power for 25 years or more. It’s like a small 401(k) on your roof! Retirees or single earner families with lower incomes may qualify for Mass Solar Loan incentives and see even quicker payback. On top of that, solar panels increase the value of your home.
Solar PV (Photovoltaic) produces home-grown, safely-generated, clean electricity that contributes clean energy to the electric grid and reduces your CO2 emissions as well as nasty pollutants such as fine particulates, nitrogen oxides, sulfur dioxide and ozone. Every solar kWh means one less fossil fuel kWh. The electricity produced can be used to help charge electric cars and transition away from burning oil and natural gas by powering high-efficiency electric heat pumps for home heating and cooling.
Find more information about home solar from local communities on the Mass Energize plugIN website.