12 Best Solar Companies in Denville, NJ (Feb 2023 Review)

The Cost and Benefits of Solar in Denville

For many homeowners, whether or not to invest in solar energy depends the most on the cost. Some important factors that determine how much it will cost to install a solar panel system on your home and how much it could save you over time include:

• Incentives: Tax-paying citizens who purchase and install a solar system this year can save 30% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $13,000 on your energy bills over 20 years without incentives.
• Your power bills: This will influence how much you can save. In Denville, the average homeowner can save about $670 a year on their electricity bills.
• Your city: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• The kind of solar panels you can buy: This depends on how much you're willing to invest upfront.

So is a solar system worth it? Whether you'd like to lower your electric bills, carbon dioxide emissions or both, solar panels are a worthwhile investment for many Denville homeowners.

Solar Incentives in Denville

If you're planning on making the switch to solar energy, several government incentives and solar rebates can dramatically bring down your project costs and expedite the return on your investment. You qualify 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 comprehensive information about incentives that apply to you, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Denville

There are lots of reasons to make the switch to solar power, like saving on electricity bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Denville, though. The average person has a sizable carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions each year, and powering their home, it can be overwhelming to figure out what to do. Using solar power is a practical thing you can do to help. In fact, if you install solar panels, you could reduce your carbon dioxide emissions by about 50 pounds each year. As you can see, trading traditional energy for solar has so many other benefits outside of saving money. One of the primary ones is that you can help save the Earth too.