14 Best Solar Companies in Cranbury, NJ (Oct 2022 Review)

The Cost and Benefits of Solar in Cranbury

For many homeowners, whether or not to invest in a solar energy system depends the most on the cost. The cost of solar and the savings it generates vary depending on a few key factors such as:

• Energy consumption: Solar may be a high-cost investment for households that don't consume too much energy each month.
• The model of solar panel system you can purchase: This depends on how much you're willing to invest upfront.
• The cost of energy for you: If your local energy rates are high, there's a good chance you'll have a higher return on your investment in a solar panel system. In Cranbury, you can save an average of $57 a month on your electricity bills.
• Incentives: Those who buy and 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 $14,000 on your utility bills over 20 years not including incentives.

So is a solar system worth it? Whether you want to decrease your electric bills, carbon dioxide emissions or both, solar panels are a solid investment for many Cranbury homeowners.

Solar Incentives in Cranbury

Although a solar power system is typically a large investment, it can save you much money over several years because of lower utility bills and government incentives. There are several federal, state and local rebates and tax credits that can earn you a decent amount of money back after paying for a solar panel system. Our article on solar incentives has more information on the incentives you can find in Cranbury.

Environmental Impact of Switching to Solar in Cranbury

There are many reasons to trade traditional energy for solar energy, like saving some money on utility bills and helping to lower your carbon footprint. But — how much exactly can you help by going solar? One thing you should keep in mind is your overall carbon footprint. For example, if you spend a lot of time on the road and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. While making solar panels emits carbon dioxide, the panels make up for it by considerably decreasing the amount of CO2 you would have released if you still used nonrenewable energy. In Cranbury, you can reduce your carbon footprint by 60 pounds a year with solar panels. Since solar energy is plentiful and generates electricity without free from carbon dioxide emissions, installing solar panels is one easy step you can take to help protect the planet.