18 Best Solar Companies in East Orange, NJ (Sep 2022 Review)

The Cost and Benefits of Solar in East Orange

The cost of putting up solar panels has dropped greatly in the past few years, but it's still a large investment for most homeowners. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $14,000 over 20 years with your system, too.
• How much sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar system won't be able to produce as much energy, which will leave you with lower savings on energy bills than a roof that gets lots of sunlight.
• The kind of solar panels you want to get: Some have higher prices, so that will influence your budget for your solar project.
• Your energy bills: This will impact how much money you might save. In East Orange, the average homeowner can save about $710 a year on their electricity bills.

There are several good benefits of solar in spite of the initial cost of installation. It can help the environment and your bank account. In addition, it can increase the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in East Orange

Because solar power is a cleaner source of energy than burning fossil fuels, there are some government incentives available to encourage its adoption. In addition to the federal tax credit incentive, there are also some local benefits, which in most cases, stack with the federal incentive, so you can save even more. Check out the table below to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in East Orange

If you want to add solar panels to your home, one of the main reasons why may be to lower your greenhouse gas emissions. But you may be wondering — how much exactly can you help by making the switch to solar? One thing to keep in mind is your overall carbon footprint. For example, if you spend a lot of time on the road and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. While solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have released if you still used traditional energy. In East Orange, you can reduce your carbon footprint by 60 pounds a year with solar panels. If you care about the environment, you'll most likely find that there are many good things about adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is priceless.