15 Best Solar Companies in Blackwood, NJ (Sep 2022 Review)

The Cost and Benefits of Solar in Blackwood

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. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• How much you spend on energy: If your local power rates are high, there's a better chance you'll get a higher return on your investment in a solar system. In Blackwood, you can save an average of $68 a month on your electricity bills.
• Choice of solar panels: The kind of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $17,000 over the first 20 years with your system, too.
• How much sunlight your roof gets: This, along with your roof configuration, affects affect how much electricity your solar panels can generate.

So is buying solar panels worth it? Whether you hope to lower your energy bills, greenhouse gas emissions or both, solar panels are a good investment for many Blackwood homeowners.

Solar Incentives in Blackwood

One of the great things about installing a solar panel system is receiving government incentives. In addition to the federal solar investment tax credit, there are also some state- and city-level benefits, which in most cases, stack with the federal incentive, so you get to save even more. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Blackwood

Many want to do their part to help the planet, which in many cases is the prime motivation to install a solar system. But you may be wondering — how much exactly can you help the environment by going solar? A significant thing to think about is your overall carbon footprint. For example, if your commute is very long, your footprint may be larger, so switching to solar power for your house can help offset that. In Blackwood, the average person can lower their carbon footprint by 60 pounds a year once they go solar. As you can see, trading traditional energy for solar has so many other benefits outside of saving money. One of the main ones is that you can help save the environment too.