15 Best Solar Companies in Echelon, NJ (Aug 2022 Review)

The Cost and Benefits of Solar in Echelon

Solar panels run off a free energy source — the sun — but before you can take advantage of this you must first pay to install your panels. There are several factors you should consider when trying to determine the overall cost and how much you can save, including:

• How much power your home consumes: Homes that use a lot of power each month may need more solar panels and, consequently, more upfront cost, but will also benefit more over time.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 26% of your overall 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 $17,000 over the first 20 years with your solar panels, too.
• Your city: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• How much you spend on energy: If your local energy rates are high, there's a good chance you'll see a higher return on your investment in solar panels. In Echelon, you can save an average of $68 a month on your electricity bills.

Due to the cost of solar panels being lower than before as well as several solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Echelon

Because solar power is a cleaner source of energy than fossil fuels, there are several government incentives available to encourage people to make the switch. Local solar incentives vary by location and, sometimes, utility company. A lot of states offer rebates for solar power systems, in addition to the federal solar tax credit. In the table below, you can read about the incentives you qualify for in Echelon.

Environmental Impact of Switching to Solar in Echelon

One reason so many people are thinking of adopting solar energy is to help lower their environmental impact. Something many homeowners might be thinking about is how much can they really help save the environment by going solar anyway? One thing that can drastically affect your carbon footprint is your commute time and how much you drive generally. If you switch to solar power and drive an electric car, you can vastly lower your carbon dioxide emissions by charging your car at home. When you go solar, your carbon emissions can be lowered by about 60 pounds each year. The good things about solar power are infinite — just like solar power is! That's why so many Echelon residents have been happy with using solar energy.