17 Best Solar Companies in East Freehold, NJ (Oct 2022 Review)

The Cost and Benefits of Solar in East Freehold

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will first need to pay to install your panels. There are several factors you should consider when trying to determine costs and your potential savings, including:

• Incentives: Tax-paying citizens who buy and install a solar system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $14,000 on your energy bills over 20 years not including incentives.
• Whether or not your roof gets a lot of direct sunlight: This, along with how your roof is set up, affects affect how much electricity your solar panels can produce.
• How much power your household needs: If your family uses a lot of energy, you'll benefit more from switching to solar.
• The kind of solar panel system you have the money for: This is dependent on how much you're willing to invest upfront.

So is a solar panel system worth it? Whether you want to reduce your electric bills, carbon emissions or both, solar panels are a solid 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 26 to 50% in some cases. Take a look at the table below to see what incentives you can take advantage of.

Environmental Impact of Switching to Solar in East Freehold

One of the most compelling reasons to embrace solar power is to minimize your dependence on nonrenewable energy sources like burning fossil fuels, which are hazardous for the environment. You may be asking yourself — how much does going solar help the planet anyway? A significant thing to be mindful of is your overall carbon footprint. For example, if your commute is very long, your footprint may be greater, so switching to solar power for your home can help offset that. If you go solar, your carbon footprint can be reduced by about 60 pounds a year. As you can see, using solar power has so many other benefits beyond saving money. One of the most important ones is that you can help save the environment too.