16 Best Solar Companies in Atlantic City, NJ (Nov 2022 Review)

The Cost and Benefits of Solar in Atlantic City

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will need to pay to set up your system. Some important factors that dictate the cost of installing a solar panel system on your home and how much it could save you over time include:

• How much sunlight your roof gets: If your roof gets limited direct sunlight, your solar panels won't be able to make as much energy, which will give you lower savings on electric bills than a house with a roof that gets plenty of sunlight.
• The type of solar panel system you can buy: This is dependent on how much you're willing to spend upfront.
• Electricity consumption: The average home in Atlantic City doesn't use much energy, and so may not see as many savings on their power bills.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $19,000 over 20 years on your energy bills.

Solar is a valuable investment for most homeowners. You can produce your own electricity instead of paying for it from a utility company and make use of solar tax credits and rebates, all while helping the environment.

Solar Incentives in Atlantic City

There are a lot of reasons why you should switch to solar. One of them consists of some government incentives that can help save you some money. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially use the ITC with other state and city rebates and benefits. In our article on solar incentives, you can read about the incentives you qualify for in Atlantic City.

Environmental Impact of Switching to Solar in Atlantic City

Installing solar panels is a great way to do your part for a greener future. But you may be wondering — how much exactly can you help by going solar? According to the EPA, electricity generation is the second biggest source of greenhouse gas emissions and about 62% of our electricity is generated by burning fossil fuels. Using solar power can help bring down that statistic in a city like Atlantic City that produces a fair amount of carbon dioxide emissions each year. In fact, if you adopt solar power, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. If you want to do your part for the environment, you'll most likely get that there are many benefits of adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is invaluable.