14 Best Solar Companies in Crestwood Village, NJ (Sep 2022 Review)

The Cost and Benefits of Solar in Crestwood Village

For lots of homeowners, whether or not you should invest in solar energy depends the most on the cost. There are a few factors you should take into consideration when trying to determine costs and your potential savings, including:

• System size and type: Some models are more pricy than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• How much energy costs for you: If your local power rates are high, there's a good chance you'll have a higher return on your investment in solar panels. In Crestwood Village, you can save an average of $65 a month on your electricity bills.
• Incentives: Something that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can give you an average of $17,000 of savings over 20 years.
• The amount of sunlight your area gets: Thanks to Crestwood Village's high amount of average daily sunlight, you should be able to save a decent amount on your electric bills.

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

Solar Incentives in Crestwood Village

There are many good reasons why you should switch to solar. One of them consists of some government incentives that can help save you some money. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly pair the ITC with other local incentives. For detailed information about incentives for homeowners in Crestwood Village, check out the table below.

Environmental Impact of Switching to Solar in Crestwood Village

Installing solar panels can have a meaningful effect on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Crestwood Village, though. The more power your house uses, the better off the planet will be when you switch to solar since you won't have to use as much nonrenewable energy. Although solar panel manufacturing 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 Crestwood Village, you can reduce your carbon footprint by 60 pounds a year with solar panels. As you can see, going solar has so many other perks besides saving money. One of the primary ones is that you can help save the environment too.