18 Best Solar Companies in East Greenwich, NJ (2023 Reviews)

The Cost and Benefits of Solar in East Greenwich

For the majority of homeowners, whether or not you should invest in solar panels depends the most on the cost. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Average daily sunlight: Since East Greenwich gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which affects how much your solar panels can save you on your electricity bills.
• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 30% of their solar installation costs by using the federal solar investment tax credit. You can also save about $17,000 on your electricity bills over 20 years without incentives.
• How much energy you use: If your family needs to use a lot of energy, you'll benefit more from going solar.

There are many wonderful benefits of solar even with the upfront cost of installation. It can help the planet and your finances. Plus, it can boost the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in East Greenwich

If you're thinking about making the switch to solar energy, various government incentives and subsidies can greatly bring down the installation costs and expedite the return on your investment. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also possibly pair the ITC with other state and city incentives. Check out our article on solar incentives to learn what incentives are available to you.

Environmental Impact of Switching to Solar in East Greenwich

Replacing nonrenewable energy with solar power is a compelling way to do what you can for a more environmentally-friendly future. But how much can switching to solar actually help the environment? According to the EPA, electricity production is the second largest source of greenhouse gas emissions and about 62% of our electricity is generated by burning fossil fuels. Using solar power can help bring down that number in a city like East Greenwich that accounts for a fair amount of carbon dioxide emissions each year. In fact, if you adopt solar power, you could reduce your carbon dioxide emissions by about 60 pounds each year. If you want to do what you can for the environment, you'll most likely find that there are many benefits of adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is more valuable.