17 Best Solar Companies in Frankford, NJ (Feb 2023 Review)

The Cost and Benefits of Solar in Frankford

For lots of homeowners, whether or not you should invest in a solar energy system boils down to the cost. Some key things that affect how much it will cost and how much you could save include:

• The kind of solar panels you're thinking of getting: Some cost more, so that will determine your budget for your solar project.
• Energy consumption: Solar may be too pricey an option for families that don't need a good amount of energy a month.
• How much you spend on energy: The typical family in Frankford spends around $720 a year on power alone, so you could end up with that much in savings.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of your solar system installation from your taxes. In addition, not including incentives, you can save about $14,000 over 20 years on your energy bills.

So is a solar system worth it? Whether you hope to lower your electric bills, carbon emissions or both, solar panels are a worthwhile investment for many Frankford homeowners.

Solar Incentives in Frankford

There are lots of reasons why you should switch to solar. One of them includes some government incentives that can save you money. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially pair the ITC with other local rebates and benefits. For more information about local incentives, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Frankford

There are many reasons to trade traditional energy for solar power, like saving on utility bills and helping to reduce your carbon footprint. But how much can using solar energy instead of traditional energy actually affect the environment? One thing to consider is your overall carbon footprint. For example, if you spend lots of time commuting to work and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. In Frankford, the average person can lower their carbon footprint by 50 pounds a year once they go solar. For those who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.