13 Best Solar Companies in Bridgewater, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Bridgewater

For many people considering switching to solar, the decision of which solar installer to choose comes down to total costs. Some significant things that affect the cost and possible savings include:

• Your energy bills: This will dictate how much you can save. In Bridgewater, the average resident can save about $680 a year on their electricity bills.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of your solar system installation from your taxes. Plus, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• average energy usage: The more energy your home uses on average and the higher your current energy bills are, the more benefits you'll see from switching to solar.
• System size and type: Some models are more costly than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.

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, like the size of your house and your current power bills.

Solar Incentives in Bridgewater

There are several reasons why adopting solar power is beneficial. One of them consists of some government incentives you can take advantage of. These incentives typically consist of cash rebates, tax benefits and/or solar renewable energy credits. They can reduce the cost you pay for going solar by 30%, upwards of 50% in some cases. Take a look at our article on solar incentives to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Bridgewater

There are a few important reasons why homeowners want to invest in solar energy: for the financial and environmental benefits. Something many homeowners might be wondering about is how much can they really help preserve the environment by going solar anyway? Your energy usage is an important factor to keep in mind. The more energy your home uses, the larger your impact when you make the switch to solar power. Because solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good swap for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. As you can see, going solar has so many other rewards beyond saving money. One of the major ones is that you can help save the environment too.