13 Best Solar Companies in Berkeley Heights, NJ (Oct 2022 Review)

The Cost and Benefits of Solar in Berkeley Heights

Although solar panels can save you money on power bills over time, it's important to consider the startup costs. Some significant things that influence the upfront cost and potential savings over time include:

• Incentives: Those who purchase and install a solar energy system this year can save 30% of their total solar spend by using the federal solar investment tax credit. You can also save about $14,000 on your energy bills over 20 years excluding incentives.
• Your current energy bills: Solar panels can noticeably decrease, or entirely eliminate, your utility bills. In Berkeley Heights, you can save an average of $57 a month.
• Energy consumption: Installing a solar system may be a high-cost investment for households that don't consume too much energy per month.
• The type of solar panels you can afford: This is dependent on how much you're willing to spend upfront.

So is installing solar panels worth it? Whether you want to reduce your electricity costs, greenhouse gas emissions or both, solar panels are a good investment for many Berkeley Heights homeowners.

Solar Incentives in Berkeley Heights

If you're thinking about making the switch to solar power, a variety of government incentives and subsidies can dramatically reduce the installation costs and speed up the return on your investment. When you install solar panels on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some regional incentives that you can take advantage of to further save. The table below shows you the incentives you can benefit from in Berkeley Heights.

Environmental Impact of Switching to Solar in Berkeley Heights

There are tons of reasons to switch to solar energy, like saving some money on electricity bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Berkeley Heights, though. Something that can severely affect your carbon footprint is your commute time and how much you drive overall. If you go solar and drive an electric car, you can significantly cut back on your carbon dioxide emissions by charging your car at home. When you go solar, your carbon dioxide emissions can be reduced by about 60 pounds a year. For people who are worried about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.