17 Best Solar Companies in Cedar Grove, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Cedar Grove

Solar panels run off a free energy source — the sun — but before you can take advantage of this you first need to pay to install your panels. Some key things that determine the upfront cost and potential savings over time include:

• System size and type: Some models are more costly than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can take advantage of. Plus, you can save about $14,000 over 20 years on your utility bills, without incentives.
• Average daily sunlight: Since Cedar Grove gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which impacts how much your solar panels can save you on your electricity bills.
• Your current energy bills: Solar panels can substantially decrease, or completely eliminate, your utility bills. In Cedar Grove, you can save an average of $60 a month.

Solar is a worthwhile investment for most homeowners. You can produce your own electricity instead of paying for it from the grid and benefit from solar incentives and rebates, all while helping the planet.

Solar Incentives in Cedar Grove

One of the good things about installing a solar panel system is receiving incentives from the government. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially stack the ITC with other local incentives. In our article on solar incentives, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Cedar Grove

There are a few key reasons why homeowners are considering solar energy: for the good of their bank accounts and the planet. But how much can using solar energy instead of traditional energy actually affect the environment? A significant thing to think about is your overall carbon footprint. For example, if your commute is very long, your footprint may be bigger, so adopting solar energy for your home can help offset that. In Cedar Grove, the average homeowner can lower their carbon footprint by 60 pounds a year after going solar. If you care about the environment, you'll most likely get that there are many good things about adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is invaluable.