17 Best Solar Companies in East Freehold, NJ (Feb 2023 Review)

The Cost and Benefits of Solar in East Freehold

For many readers, the decision of which solar installer to hire comes down to total costs. 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 including:

• How much you spend on energy: The typical family in East Freehold spends around $650 a year on energy alone, so you could gain that much in savings.
• Electricity consumption: The average household in East Freehold doesn't use much energy, and as a result may not see as many savings on their power bills.
• The kind of solar panel system you can afford: This depends on how much you're willing to invest upfront.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can take advantage of. Plus, you can save about $14,000 over 20 years on your utility bills, without incentives.

So is installing solar panels worth it? Whether you'd like to decrease your energy bills, carbon emissions or both, solar panels are a worthwhile investment for many East Freehold homeowners.

Solar Incentives in East Freehold

To increase solar panel installation and usage, federal and local governments — and even some utility companies — offer incentives to help make switching to solar power more affordable and accessible. These incentives normally include cash rebates, tax breaks and/or solar renewable energy credits. They can lower how much you pay for installing solar panels by 30%, upwards of 50% depending on where you live. For more information about incentives for homeowners in East Freehold, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in East Freehold

Installing solar panels is a good way to do what you can for a greener future. But how much can installing solar panels actually help the environment? One thing to consider is your overall carbon footprint. For example, if you spend a lot of time in the car and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. Because solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good swap for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 60 pounds each year. As you can see, going solar has so many other benefits beyond saving money. One of the most important ones is that you can help save the Earth too.