14 Best Solar Companies in East Amwell, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in East Amwell

For many homeowners, whether or not you should invest in a solar energy system depends the most on the cost. The installation cost is just one important factor you should consider when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• The kind of solar panels you want to get: Some are more highly priced, so that will influence your budget for your solar project.
• Typical energy usage: The more electricity your home consumes on average and the greater your current electricity bills are, the more benefits you'll see from making the switch to solar.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of your solar system installation from your taxes. Additionally, not including incentives, you can save about $13,000 over 20 years on your energy bills.
• Average daily sunlight: Since East Amwell gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which impacts how much your electricity bills will be.

Though a solar panel system costs a good chunk of money upfront, it can save you much more over time. The question of how much, though, depends on several factors, including the angle of your roof and your energy consumption.

Solar Incentives in East Amwell

In an effort to increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make going solar more economically viable and accessible. There are a lot of federal, state and local rebates and tax credits that can earn you anywhere from 30% to 50% of your money in return after paying for solar panels. For more information about incentives for homeowners in East Amwell, see our our article on solar incentives.

Environmental Impact of Switching to Solar in East Amwell

Installing solar panels can have a meaningful effect on the environment. You may be curious — how much does going solar help the planet anyway? Switching to clean energy for electricity instead of relying on nonrenewable energy sources is a great way to lower your carbon footprint if you're concerned about East Amwell's fair level of greenhouse gas emissions. In East Amwell, the average resident can reduce their carbon footprint by 50 pounds a year after going solar. For people who want to help the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.