13 Best Solar Companies in Bridgewater, NJ (Jul 2022 Review)

The Cost and Benefits of Solar in Bridgewater

When choosing a solar company, most homeowners or business owners worry about the costs above all. The overall price and potential savings vary depending on some important factors such as:

• Electricity consumption: The average household in Bridgewater doesn't use much energy, and as a result may not see as many savings on their power bills.
• Incentives: Tax-paying citizens who buy 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 $14,000 on your electricity bills over 20 years excluding incentives.
• Choice of solar panels: The type of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels are more expensive 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.
• Average daily sunlight: Since Bridgewater gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which impacts how much your solar panels can save you on your electricity bills.

Due to solar panels now being cheaper than ever as well as local and federal solar incentives, they are a cost-effective investment for many homeowners.

Solar Incentives in Bridgewater

Since solar power is more sustainable than traditional energy sources, there are various government incentives in place to encourage its adoption. These incentives normally take the form of cash rebates, tax benefits and/or solar renewable energy credits. They can lower how much you pay for going solar by 26 to 50% in some cases. Take a look at the table below to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Bridgewater

One of the best reasons to switch to solar power is to minimize your dependence on traditional energy sources like burning fossil fuels, which are destructive for the environment. A question many homeowners might have in mind is how much can they really help save the environment by switching to solar power anyway? Switching to solar power is a sustainable choice for the environment, because the biggest source of greenhouse gas emissions in the U.S. is from burning fossil fuels for electricity, heat, and transportation — all of which can be powered by solar instead. Though solar panel production releases carbon dioxide emissions, the panels make up for it by considerably reducing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Bridgewater, you can reduce your carbon footprint by 60 pounds a year with solar panels. As you can see, investing in solar has so many other rewards beyond saving money. One of the primary ones is that you can help save the Earth too.