17 Best Solar Companies in Ashland, NJ (Oct 2022 Review)

The Cost and Benefits of Solar in Ashland

Solar panels run off a free energy source — the sun — but to take advantage of this you must first pay to install your system. There are several factors you should consider when determining costs and your potential savings, including:

• Your current energy bills: Solar panels can noticeably lower, or totally get rid of, your utility bills. In Ashland, you can save an average of $65 a month.
• Your income and budget: This shapes what model of solar panels you can get.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $16,000 over the first 20 years with your solar panels, too.
• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar panel system won't be able to produce as much energy, which will leave you with lower savings on energy bills than a roof that gets plenty of sunlight.

There are several great benefits of solar in spite of the initial cost of installation. It can help the Earth and your bank account. Additionally, it can increase the value of your home, giving you even more benefits if you decide to sell your home later.

Solar Incentives in Ashland

If you're thinking about switching to solar power, a number of government incentives and subsidies can immensely bring down your project costs and speed up the return on your investment. When you install a solar panel system on your home, you can take advatage of the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some local incentives that you can take advantage of to further cut back on the cost of solar of solar panels. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Ashland

Swapping traditional energy for solar is a good way to do what you can for a more sustainable future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Ashland, though. The average person has a rather large carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions every year, and electricity for their home, it can be overwhelming to figure out what to do. Going solar is a practical thing you can do to help. Though solar panel manufacturing emits carbon dioxide, the panels make up for it by significantly lowering the amount of CO2 you would have produced if you still used nonrenewable energy. In Ashland, you can reduce your carbon footprint by 60 pounds a year with solar panels. The great things about solar power are abundant — just like solar power is! That's why so many people have been happy with using solar energy.