How Can Solar Help with High Winter Energy Bills?
Nov. 30, 2022
Winter brings a lot of wonderful things, like crisp air, fresh snow, and the holiday season. But it also brings a need for heat, and with energy costs rising across the country, heating bills are going to be high this year. National Grid has already implemented rate changes and is anticipating a 64% increase in residential electric bills.
The good news is that solar energy can help you save on energy costs not only this winter but every season for the next 20+ years. If you’ve been considering a solar panel installation for your MA home, now is the time! You can install solar panels in the winter and enjoy solar benefits including lower energy bills, stabilized costs, and inflation-proof energy all year.
Keep reading to learn more about how you can take control of winter energy price hikes with solar panels.
Turn Free Energy from the Sun into Electricity for Your Home
The electric grid uses a variety of fuel sources to generate electricity, all of which cost money. So, when fuel costs go up, electricity rates do, too. Solar panels, on the other hand, use free energy from the sun to generate electricity. With residential solar panels, you can produce some, most, or all of the power your home needs, reducing the amount of electricity you have to buy from the grid and saving money.
How much your solar panels will save on electricity bills in the winter depends on many factors, including how many solar panels you install and how much sunlight your home receives. Boston Solar installs custom solar energy systems that are designed to maximize your solar panel monthly savings in Massachusetts. Find out if your electricity bill is high enough to justify going solar and how much you can expect to save.
Use Battery Storage to Avoid Peak Rates
Solar batteries allow you to store the excess electricity your solar panels generate during the day. With some strategic planning, you’ll be able to use your stored energy during peak hours when electricity rates are at their highest and shift to grid-generated power during off-peak hours. There are responsive load management technologies available to automate this process! Schedule a free consultation with Boston Solar to learn more about load shifting with solar battery storage.
Earn Extra Cash with Massachusetts Solar Incentive Programs
Residential solar incentive programs can help you earn extra money to offset high energy bills and make your solar installation more affordable.
Net metering: With net metering in Massachusetts, you can earn credit with your utility company by sending the excess electricity your solar panels generate to the grid. When your solar panels are not producing enough, you can use your credit to buy electricity from the grid, saving you money. Thanks to the new Massachusetts climate legislation, more systems qualify for net metering.
SMART: The SMART program sends participants incentive checks depending on the amount of energy their solar panel systems produce. This incentive program has a block structure with incentive rates decreasing as blocks fill up—the sooner you go solar and sign up for SMART, the higher your incentive payments will be.
ConnectedSolutions: ConnectedSolutions is a battery incentive program in Massachusetts that pays incentives to residential solar battery users that share their stored power with the grid.
Investment Tax Credit (ITC): The ITC is a federal solar incentive program that allows you to reduce what you own in federal taxes by 30% of your solar installation costs.
Boston Solar is a local solar company near you in Massachusetts. We know how to navigate state and federal incentive programs and will help you take advantage of the programs you’re eligible for.
Get ahead of high winter energy bills! Call 617-858-1645 or contact us to schedule a free solar consultation.