15 Best Solar Companies in Echelon, NJ (Feb 2023 Review)

The Cost and Benefits of Solar in Echelon

For the majority of homeowners, the decision to invest in a solar energy system comes down to the cost. Some important factors that influence the cost of installing a solar panel system on your home and how much it could save you over time include:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $17,000 over 20 years with your solar panels, too.
• How much energy costs for you: If your local power rates are high, there's a better chance you'll get a higher return on your investment in solar panels. In Echelon, you can save an average of $68 a month on your electricity bills.
• Your home's orientation toward the sun: This, plus the configuration of your roof, affects affect how much power your solar panels can produce.
• System size and type: Some models are more pricy than others, so the one you want can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.

There are lots of wonderful benefits of solar even with the upfront cost of installation. It can help the Earth and your bank account. Plus, it can boost the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in Echelon

Since solar power is a cleaner source of energy than traditional energy sources, there are some government incentives available to encourage its adoption. These incentives usually take the form of cash rebates, tax breaks and/or performance-based incentives. They can reduce the cost of going solar by 30%, upwards of 50% in some cases. For comprehensive information about local incentives, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Echelon

One of the best reasons to embrace solar energy is to reduce your dependence on traditional energy sources like burning fossil fuels, which are harmful for the environment. But how much can using solar energy instead of traditional energy actually affect the environment? Something that can dramatically affect your carbon footprint is how long your commute is and how much you drive generally. If you go solar and drive an electric car, you can greatly decrease your carbon dioxide emissions by charging your car at home. If you go solar, your carbon footprint can be cut by about 60 pounds a year. Since solar power is renewable and makes electricity without releasing carbon emissions, installing solar panels is one easy step you can take to help protect the planet.