16 Best Solar Companies in East Windsor, NJ (Sep 2022 Review)

The Cost and Benefits of Solar in East Windsor

Solar panels run off a free energy source — the sun — but to take advantage of this you first need to pay to set up your system. The overall price and potential savings vary depending on a few important factors such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $14,000 over 20 years with your system, too.
• Choice of solar panels: The type of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• Your city: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• How much energy costs for you: The typical household in East Windsor shells out around $680 a year on home energy use alone, so you could be looking at that much in savings.

So is buying solar panels worth it? Whether you want to decrease your electric bills, greenhouse gas emissions or both, solar panels are a solid investment for many East Windsor homeowners.

Solar Incentives in East Windsor

If you're planning on switching to solar power, a number of government incentives and subsidies can immensely lower your project costs and speed up the return on your investment. When you install solar panels on your home, you can claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some regional incentives that you can benefit from to further save. In the table below, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in East Windsor

A lot of people want to do their part to help the planet, which often is the primary reason for installing a solar system. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in East Windsor, though. The average person has a sizable carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions every year, and electricity for their home, it can be overwhelming to figure out what to do. Switching to solar is one of the easiest things you can do to help. Because solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good trade for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 60 pounds each year. For homeowners who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.