12 Best Solar Companies in Closter, NJ (Sep 2022 Review)

The Cost and Benefits of Solar in Closter

When picking a solar company, most homeowners or business owners wonder about the costs above all. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Your home's orientation toward the sun: This, along with how your roof is set up, affects affect how much electricity your solar panels can generate.
• How much you spend on energy: The average family in Closter pays around $720 a year on electricity alone, so you could end up with that much in savings.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $15,000 over 20 years with your system, too.
• Choice of solar panels: The type of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.

Thanks to solar panels now being cheaper than ever as well as local and federal solar incentives, they are a worthwhile investment for most homeowners.

Solar Incentives in Closter

To increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make solar more economically viable and accessible. These incentives typically consist of cash rebates, tax credits and/or performance-based incentives. They can lower how much you pay for installing solar panels by 26 to 50% in some cases. You can find out about the incentives you can take advantage of in the table below.

Environmental Impact of Switching to Solar in Closter

One of the most compelling reasons to adopt solar energy is to cut your dependence on nonrenewable energy sources like burning fossil fuels, which are destructive for the environment. Something many might be asking themselves is how much can they really help save the environment by switching to solar power anyway? One thing to keep in mind is your overall carbon footprint. For example, if you have a long commute time and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. When you go solar, your carbon dioxide emissions can be reduced by about 20 pounds each year. As you can see, going solar has so many other rewards outside of saving money. One of the most important ones is that you can help save the environment too.