17 Best Solar Companies in Bernards, NJ (Jul 2022 Review)

The Cost and Benefits of Solar in Bernards

We get that for many homeowners, the choice to invest in solar depends on installation costs. The installation cost is just one important factor you should consider when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Your income and budget: This determines what kind of solar panels you can afford.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 26% of your total installation cost, your 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 $13,000 over 20 years with your solar system, too.
• How much power your household needs: If your home regularly uses a lot of energy, you'll reap more rewards from switching to solar.
• Your current power bills: Solar panels can noticeably reduce, or completely eradicate, your utility bills. In Bernards, you can save an average of $55 a month.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on several factors, including the size of your solar panel system and your current power bills.

Solar Incentives in Bernards

There are many reasons why you should switch to solar. One of them includes some government incentives that can help save you some money. You can 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 stack the ITC with other state and city rebates and benefits. Check out the table below to learn what incentives are available to you.

Environmental Impact of Switching to Solar in Bernards

Going solar can have a meaningful effect on the environment. A question many might be asking themselves is how much can they really help preserve the environment by switching to solar power anyway? The EPA reports that electricity production is the second biggest source of greenhouse gas emissions and about 62% of our electricity is produced by burning fossil fuels. Installing solar panels and switching to renewable energy can help put a dent in that statistic in a city like Bernards that is responsible for a fair amount of carbon dioxide emissions each year. In fact, if you make the switch to solar power, you could look forward to lowering your carbon dioxide emissions by about 60 pounds each year. Since energy from the sun is renewable and generates electricity without releasing carbon emissions, making the switch to solar power is one easy step you can take to help protect the planet.