15 Best Solar Companies in Englewood Cliffs, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Englewood Cliffs

Solar panels are powered by a free energy source — the sun — but to take advantage of this you will need to pay to install your panels. Some significant things that impact the cost and possible savings include:

• Average daily sunlight: Since Englewood Cliffs gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which impacts how much you can save on your energy bills.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $15,000 over 20 years on your energy bills.
• How much you spend on energy: The typical household in Englewood Cliffs shells out around $720 a year on electricity alone, so you could end up with that much in savings.
• The model of solar panels you want: Higher-efficiency panels are more costly, so that will shape your budget for your solar project.

So are solar panels worth it? Whether you want to reduce your energy bills, carbon emissions or both, solar panels are a solid investment for many Englewood Cliffs homeowners.

Solar Incentives in Englewood Cliffs

There are a lot of reasons why you should switch to solar. One of them consists of some government incentives you can take advantage of. These incentives typically take the form of cash rebates, tax benefits and/or performance-based incentives. They can lower the cost of installing solar panels by 30%, upwards of 50% depending on your location. Take a look at our article on solar incentives to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Englewood Cliffs

Swapping traditional energy for solar is a great way to do what you can for a more environmentally-friendly future. But you may be wondering — how much exactly can you help by using solar power? A key thing to be mindful of is your overall carbon footprint. For example, if your commute is very long, your footprint may be larger, so adopting solar energy for your home can help offset that. Because solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 60 pounds each year. The advantages of solar power are plentiful — just like solar power is! That's why so many people have been happy with committing to solar.