18 Best Solar Companies in Cape May Court House, NJ (2023 Reviews)

The Cost and Benefits of Solar in Cape May Court House

For many people considering switching to solar, the decision of which solar installer to hire comes down to total costs. A few important factors that influence how much it will cost to install solar panels on your home and how much money you could save over time include:

• Where your home is: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• Energy consumption: Solar may be too pricey an option for families that don't consume a lot of energy a month.
• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings 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: Those who install a solar system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $20,000 on your energy bills over 20 years excluding incentives.

Though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on several factors, like the size of your house and your current power bills.

Solar Incentives in Cape May Court House

Although installing solar panels is typically a big investment, it can save you a significant amount of money in the long term due to reduced energy bills and government incentives. When you install a solar panel system on your home, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. In addition, there may often be some state and city incentives that you can use to further cut back on the cost of solar of solar panels. Our article on solar incentives goes over more detailed information on the incentives you can benefit from in Cape May Court House.

Environmental Impact of Switching to Solar in Cape May Court House

If you want to add solar panels to your home, one of the main reasons why may be to lower your greenhouse gas emissions. But how much can using solar energy instead of traditional energy actually affect the environment? The more power your household uses, the better off the planet will be if you switch to solar as you won't need to use as much nonrenewable energy. While solar panel production releases carbon dioxide emissions, the panels make up for it by significantly reducing the amount of CO2 you would have been responsible for if you still used traditional energy. In Cape May Court House, you can reduce your carbon footprint by 60 pounds a year with solar panels. As you can see, trading traditional energy for solar has so many other benefits outside of saving money. One of the most important ones is that you can help save the Earth too.