18 Best Solar Companies in Bedminster, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Bedminster

For a lot of homeowners, whether or not you should invest in solar panels depends the most on the cost. Some key things that impact the upfront cost and potential savings over time include:

• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can use. In addition, you can save about $13,000 over 20 years on your utility bills, without incentives.
• Electricity consumption: The average home in Bedminster doesn't use much energy, and therefore may not see as many savings on their power bills.
• Your household's power bills: With high monthly electric bills in Bedminster, you could save about $650 a year with solar.
• The kind of solar panels you want to get: More high-tech panels are more highly priced, so that will affect your budget for your solar project.

So is a solar panel system worth it? Whether you want to decrease your electric bills, greenhouse gas emissions or both, solar panels are a good investment for many Bedminster homeowners.

Solar Incentives in Bedminster

Switching to solar power has a lot of wonderful benefits. Not only can it help protect the Earth, but you can also save a decent amount of money on your installation with various government incentives. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also potentially use the ITC with other state and city incentives. You can find out about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Bedminster

Many want to do what they can to help save the environment, which for many is the main reason for installing solar panels. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Bedminster, though. Your energy usage is an important factor to consider. The more power your household consumes, the greater your impact when you make the switch to solar power. Even though solar panel manufacturing emits carbon dioxide, the panels make up for it by considerably lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Bedminster, you can reduce your carbon footprint by 60 pounds a year with solar panels. If you care about the environment, you'll no doubt recognize that there are many advantages to adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is more valuable.