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

The Cost and Benefits of Solar in Blackwood

The cost of installing solar panels has decreased greatly over the past few years, but it's still a significant investment for most homeowners. Some significant things that influence how much it will cost and how much you could save include:

• Incentives: Those who purchase and install a solar energy system this year can save 26% of their solar installation costs by using the federal solar investment tax credit. You can also save about $17,000 on your utility bills over 20 years without incentives.
• How much sunlight your roof gets: This, plus your roof configuration, affects affect how much power your solar panels can make.
• Typical energy usage: The more electricity your home consumes on average and the larger your current electricity bills are, the more likely you'll benefit from making the switch to solar.
• Your household's power bills: With high monthly power bills in Blackwood, you could save about $810 a year with solar.

So are solar panels worth it? Whether you want to decrease your electric bills, carbon emissions or both, solar panels are a solid investment for many Blackwood homeowners.

Solar Incentives in Blackwood

Although installing solar panels is typically a large investment, it can save you much money over the lifespan of your solar panels due to lower energy bills and government incentives. On top of the federal tax credit incentive, there are also some local programs, which in the majority of cases, can be claimed in addition to the federal incentive, so you get to save even more. In the table below, you can see the incentives you qualify for in Blackwood.

Environmental Impact of Switching to Solar in Blackwood

If you want to add solar panels to your home, one of the major reasons why may be to reduce your greenhouse gas emissions. Something many people might be wondering about is how much can they really help the environment by switching to solar power anyway? Something that can severely influence your carbon footprint is how long your commute is and how much you drive in general. If you install solar panels and drive an electric car, you can significantly lower your carbon dioxide emissions by charging your car at home. In fact, if you install solar panels, you could look forward to lowering your carbon dioxide emissions by about 60 pounds each year. For those who want to help the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.