14 Best Solar Companies in Fort Lee, NJ (2023 Reviews)

The Cost and Benefits of Solar in Fort Lee

For many readers, the decision of which solar installer to choose comes down to prices. There are several factors you should take into consideration when trying to figure out the overall cost and how much you can save, including:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 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. Aside from incentives, you can save an average of $15,000 over the first 20 years with your solar panels, too.
• System size and type: Some models are more costly than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• Where your home is: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• Your household's power bills: With high monthly electricity bills in Fort Lee, you could save about $710 a year with solar.

Although a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, like the angle of your roof and your current power bills.

Solar Incentives in Fort Lee

Adopting solar power has plenty of considerable benefits. Not only can it help preserve the planet, but you can also save a decent amount of money on your installation with various government incentives. 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. In addition, there may often be some state and city incentives that you can benefit from to further save. For comprehensive information about incentives for homeowners in Fort Lee, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Fort Lee

If you want to add solar panels to your home, one of the main reasons why may be to lower your carbon dioxide emissions. A question many might be thinking about is how much can they really help protect the environment by switching to solar power anyway? One thing you should consider is your overall carbon footprint. For example, if you have a long commute time and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. Even though making solar panels emits carbon dioxide, the panels make up for it by considerably decreasing the amount of CO2 you would have released if you still used traditional energy. In Fort Lee, you can reduce your carbon footprint by 60 pounds a year with solar panels. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.