16 Best Solar Companies in Garwood, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Garwood

We understand that for lots of homeowners, the decision to invest in solar comes down to installation costs. There are quite a few factors you should consider when determining how much it will cost and how much you can save, such as:

• Energy consumption: Solar may be too steep of an investment for homes that don't need a lot of energy each month.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your utility bills, which can generate an average of $15,000 of savings over 20 years.
• Your city: This influences how much sunlight your roof gets, which helps determine how many panels you need.
• System size and type: Some models are more expensive than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.

Though a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on several factors, such as the size of your solar panel system and your energy consumption.

Solar Incentives in Garwood

Since solar power is more sustainable than fossil fuels, there are a number of government incentives in place to encourage its adoption. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly pair the ITC with other state and city rebates and benefits. Our article on solar incentives goes over more detailed information on the incentives you can find in Garwood.

Environmental Impact of Switching to Solar in Garwood

Many want to do what they can to help save the environment, which in many cases is the main reason they're interested in installing solar panels. But — how much exactly can you help the environment by making the switch to solar? In a city like Garwood where commute times can be very long, installing solar panels can help offset some of your carbon dioxide emissions from driving. In fact, if you adopt solar power, you could reduce your carbon dioxide emissions by about 60 pounds each year. If you care about the environment, you'll likely get that there are many benefits of adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is priceless.