14 Best Solar Companies in Hackensack, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Hackensack

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 overall price and potential savings vary depending on some key factors such as:

• How much you spend on energy: The typical family in Hackensack pays around $710 a year on energy alone, so you could gain that much in savings.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of installing your solar panel system from your federal taxes. Additionally, not including incentives, you can save about $15,000 over 20 years on your energy bills.
• System size and type: Some models are more pricy than others, so the one you want can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• Average daily sunlight: Since Hackensack gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which influences how much your electricity bills will be.

There are lots of good benefits of solar in spite of the initial cost of installation. It can help the planet and your finances. Plus, it can boost the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in Hackensack

There are many reasons why adopting solar power is beneficial. One of them includes some government incentives that can save you money. On top of the federal solar investment tax credit, there are also some state- and city-level benefits, which in almost all cases, can be claimed in addition to the federal incentive, so you get to save even more. Check out our article on solar incentives to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Hackensack

If you're planning on adding solar panels to your home, one of the primary reasons why may be to lower your carbon footprint. You may be asking yourself — how much does making the switch help the environment anyway? The average person has a rather large carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions a year, and energy for their home, it can be overwhelming to think about what to do. Going solar is one of the easiest things you can do to help. Even though solar panel production releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have produced if you still used nonrenewable energy. In Hackensack, you can reduce your carbon footprint by 60 pounds a year with solar panels. As you can see, trading traditional energy for solar has so many other benefits apart from saving money. One of the major ones is that you can help save the environment too.