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

The Cost and Benefits of Solar in Haddon

We know that for lots of homeowners, the choice to invest in solar highly depends on installation costs. There are quite a few factors you should consider when trying to determine costs and your potential savings, such as:

• The amount of sunlight your rooftop gets: Thanks to Haddon's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $15,000 over the first 20 years with your system, too.
• Choice of solar panels: The kind of solar panels you choose 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.
• How much power your home consumes: Homes that consume lots of energy each month may require more solar panels and, consequently, be more expensive, but will also benefit more over time.

So is installing solar panels worth it? Whether you'd like to reduce your electric bills, carbon emissions or both, solar panels are a worthwhile investment for many Haddon homeowners.

Solar Incentives in Haddon

Switching to solar power has a lot of great benefits. Not only can it help preserve the Earth, but you can also save some money on your installation with various government incentives. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly stack the ITC with other local rebates and benefits. Take a look at our article on solar incentives to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Haddon

Making the switch to solar power is a compelling way to do your part for a greener future. A question many homeowners might have in mind is how much can they really help the environment by switching to solar power anyway? If your home consumes lots of energy, you can impact the environment even more by switching to solar power. Because solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good swap for traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 60 pounds each year. As you can see, trading traditional energy for solar has so many other rewards beyond saving money. One of the major ones is that you can help save the environment too.