13 Best Solar Companies in Haddonfield, NJ (2023 Reviews)

The Cost and Benefits of Solar in Haddonfield

The cost of installing a solar panel system has gone down significantly over the past few years, but it's still a large investment for most homeowners. There are quite a few factors you should consider when determining how much it will cost and how much you can save, such as:

• The model of solar panels you want to get: More efficient panels are more costly, so that will shape your budget for your solar project.
• Your current electric bills: Solar panels can greatly lower, or totally eliminate, your utility bills. In Haddonfield, you can save an average of $60 a month.
• Typical energy usage: The more power your home consumes on average and the steeper your current power bills are, the more likely you'll benefit from making the switch to solar.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $15,000 over 20 years on your energy bills.

Solar is a fruitful investment for most homeowners. You can make your own energy instead of paying for it from a utility company and make use of solar tax credits and rebates, all while helping the Earth.

Solar Incentives in Haddonfield

Because solar power is more sustainable than traditional energy sources, there are some government incentives in place to encourage its adoption. When you install solar panels, you can take advatage of the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Plus, there may often be some local incentives that you can use to further save. Take a look at our article on solar incentives to see what incentives are available to you.

Environmental Impact of Switching to Solar in Haddonfield

An important reason so many homeowners are thinking of adopting solar energy is to help reduce their environmental impact. But how much can using solar energy instead of traditional energy actually affect the environment? In a city like Haddonfield where energy use is somewhat high, installing solar panels is a great idea for homeowners who are eco-conscious. In fact, if you make the switch to solar power, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. As you can see, going solar has so many other perks outside of saving money. One of the most important ones is that you can help save the environment too.