15 Best Solar Companies in Deptford, NJ (Oct 2022 Review)

The Cost and Benefits of Solar in Deptford

For many readers, the decision of which solar installer to hire depends on how much it'll cost. Some significant things that influence the upfront cost and potential savings over time include:

• The model of solar panels you want to get: More efficient panels have higher prices, so that will influence your budget for your solar project.
• Your location: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can benefit from. Additionally, you can save about $16,000 over 20 years on your utility bills, before factoring in incentives.
• Your power bills: This will influence how much you can save. In Deptford, the average homeowner can save about $800 a year on their electricity bills.

Solar is a valuable investment for most homeowners. You can make your own energy instead of paying for it from a utility company and benefit from solar incentives and rebates, all while helping protect the Earth.

Solar Incentives in Deptford

If you're considering switching to solar energy, various government incentives and state programs can immensely lower the installation costs and speed up the return on your investment. When you install a solar panel system, you can claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Plus, there are often some local incentives that you can take advantage of to further save. You can learn about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Deptford

There are a few important reasons why many people want to invest in solar energy: to put more money in their bank account and to help the planet. But how much can installing solar panels actually affect the environment? One thing that can severely affect your carbon footprint is how long your commute is and how much you drive in general. If you switch to solar power and have an electric car, you can greatly cut back on your carbon dioxide emissions by charging your car at home. Because solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good substitute for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 60 pounds each year. Since solar energy is plentiful and produces electricity without CO2 emissions, installing solar panels is one easy step you can take to help preserve the environment.