15 Best Solar Companies in Franklin Center, NJ (Jan 2023 Review)

The Cost and Benefits of Solar in Franklin Center

For many readers, the decision of which solar installer to go with comes down to prices. There are a few factors you should consider when determining costs and your potential savings, including:

• How much energy you use: If your household needs to use a lot of energy, you'll benefit more from going solar.
• System size and type: Some models are more costly than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can use. Additionally, you can save about $14,000 over 20 years on your utility bills, without incentives.
• Your energy bills: This will dictate your savings. In Franklin Center, the average resident can save about $710 a year on their electricity bills.

As a result of solar panels decreasing in cost as well as various solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Franklin Center

To increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make going solar more financially viable and accessible. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much your solar project cost when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some state and city incentives that stack with the ITC too. For detailed information about incentives for homeowners in Franklin Center, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Franklin Center

There are a few important reasons why many people are interested in solar energy: for the financial and environmental benefits. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Franklin Center, though. One thing that can dramatically affect your carbon footprint is your commute time and how much you drive in general. If you go solar and drive an electric car, you can significantly lower your carbon dioxide emissions by charging your car at home. Once you go solar, your carbon footprint can be lowered by about 60 pounds each year. Since solar energy is plentiful and makes electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help the environment.