11 Best Solar Companies in Dumont, NJ (Sep 2022 Review)

The Cost and Benefits of Solar in Dumont

When deciding on a solar company, most homeowners or business owners think about the costs the most. There are a few factors you should take into consideration when trying to figure out the overall cost and how much you can save, including:

• The type of solar panels you can buy: This is dependent on what your budget is.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of your solar system installation from your taxes. In addition, not including incentives, you can save about $15,000 over 20 years on your energy bills.
• Your home's power bills: With high monthly electric bills in Dumont, you could save about $720 a year with solar.
• The amount of sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar panel system won't be able to make as much energy, which will leave you with lower savings on electricity bills than a house with a roof that gets a lot of sunlight.

As a result of solar panels now being cheaper than ever as well as various solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Dumont

Because solar power is better for the environment than traditional energy sources, there are quite a few government incentives in place to encourage its adoption. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially pair the ITC with other state and city incentives. In the table below, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Dumont

Swapping traditional energy for solar is a powerful way to do what you can for a more environmentally-friendly future. But you may be wondering — how much exactly can you help the planet by using solar power? In a city like Dumont where energy use is somewhat high, switching to solar energy is a fantastic idea for homeowners who care about the planet. In Dumont, the average resident can reduce their carbon footprint by 60 pounds a year after going solar. As you can see, trading traditional energy for solar has so many other rewards besides saving money. One of the major ones is that you can help save the Earth too.