12 Best Solar Companies in Gibbstown, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Gibbstown

Solar panels run off a free energy source — the sun — but to take advantage of this you must first pay to install your panels. The cost and possible savings vary depending on some key factors such as:

• How much sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar system won't be able to generate as much energy, which will give you lower savings on electric bills than a roof that gets a lot of sunlight.
• Your current energy bills: Solar panels can greatly decrease, or completely eliminate, your utility bills. In Gibbstown, you can save an average of $76 a month.
• Incentives: Something that can save you money on your solar project 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 energy bills, which can give you an average of $19,000 of savings over 20 years.
• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.

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

Solar Incentives in Gibbstown

Because solar power is better for the environment than burning fossil fuels, there are several government incentives available to encourage its adoption. State and city solar incentives vary by location and, sometimes, utility company. A lot of states offer rebates for solar power, in addition to the federal solar tax credit. In our article on solar incentives, you can see the incentives you qualify for in Gibbstown.

Environmental Impact of Switching to Solar in Gibbstown

There are lots of reasons to make the switch to solar energy, like saving on electricity bills and helping to lower your carbon footprint. But — how much exactly can you help the planet by using solar power? The more energy your household uses, the better off the planet will be if you switch to solar since you won't need to burn as many fossil fuels. Because solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good substitute for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. Since energy from the sun is abundant and makes electricity without releasing carbon emissions, adding solar panels to your home is one easy step you can take to help the planet.