11 Best Solar Companies in Howell, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Howell

For lots of homeowners, whether or not to invest in solar energy comes down to the cost. Some significant things that determine how much it will cost and how much you could save include:

• Choice of solar panels: The type of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can take advantage of. Additionally, you can save about $14,000 over 20 years on your utility bills, not including incentives.
• average energy usage: The more power your household uses on average and the higher your current power bills are, the more likely you'll benefit from going solar.
• The amount of sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar system won't be able to generate as much energy, which will leave you with lower savings on electricity bills than someone with a roof that gets plenty of sunlight.

Solar is a valuable investment for most homeowners. You can generate your own electricity instead of paying for it from the grid and benefit from solar incentives and rebates, all while helping protect the environment.

Solar Incentives in Howell

If you're planning on switching to solar power, a variety of government incentives and tax credits can greatly reduce your project costs and speed up the return on your investment. When you install a solar panel system on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. In addition, there may often be some local incentives that you can benefit from to further save. In our article on solar incentives, you can find out about the incentives you qualify for in Howell.

Environmental Impact of Switching to Solar in Howell

There are lots of reasons to switch to solar energy, like saving some money on electricity bills and helping to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Howell, though. The more energy your house uses, the the more the environment will benefit when you switch to solar as you won't have to burn as many fossil fuels. Even though solar panel production releases carbon dioxide emissions, the panels make up for it by greatly reducing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Howell, you can reduce your carbon footprint by 60 pounds a year with solar panels. As you can see, going solar has so many other perks besides saving money. One of the major ones is that you can help save the planet too.