16 Best Solar Companies in Gloucester, NJ (2023 Reviews)

The Cost and Benefits of Solar in Gloucester

When deciding on a solar company, most homeowners or business owners think about the costs the most. The overall price and potential savings vary depending on a few important factors such as:

• How much sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar system won't be able to generate as much energy, which will give you lower savings on energy bills than someone with a roof that gets a lot of sunlight.
• Your current energy bills: Solar panels can noticeably decrease, or entirely eliminate, your utility bills. In Gloucester, you can save an average of $67 a month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $16,000 over 20 years with your system, too.
• The type of solar panels you're planning on getting: More efficient panels are more costly, so that will affect your budget for your solar project.

Solar is a rewarding investment for most homeowners. You can make your own electricity instead of paying for it from the grid and benefit from solar incentives, all while helping the planet.

Solar Incentives in Gloucester

There are lots of reasons why going solar is a great investment. One of them involves some government incentives that can save you money. There are quite a few federal, state and local rebates and tax credits that let you earn anywhere from 30% to 50% of your money back after paying for a solar panel system. You can find out about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Gloucester

Installing solar panels can have a meaningful effect on the environment. You may be curious — how much does going solar help the environment anyway? One thing to keep in mind is your overall carbon footprint. For example, if you spend a lot of time in the car and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. Because solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good trade for nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. The good things about solar power are plentiful — just like solar power is! That's why so many Gloucester residents have been happy with committing to solar.