17 Best Solar Companies in Jefferson, NJ (Jan 2023 Review)

The Cost and Benefits of Solar in Jefferson

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you must first pay to install your system. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• The type of solar panels you want to get: More efficient panels are more costly, so that will determine your budget for your solar project.
• Electricity consumption: The average home in Jefferson doesn't use much energy, and consequently may not see as many savings on their power bills.
• Incentives: Those who purchase and install a solar system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $14,000 on your energy bills over 20 years without incentives.
• Your power bills: This will influence your savings. In Jefferson, the average resident can save about $700 a year on their electricity bills.

There are lots of wonderful benefits of solar in spite of the upfront cost of installation. It can help the Earth and your wallet. In addition, it can increase the value of your home, resulting in even more benefits if you decide to sell your home later.

Solar Incentives in Jefferson

Although a solar power system is typically a large investment, it can save you a substantial amount of money over time due to smaller power bills and government incentives. In addition to the federal solar investment tax credit, there are also some state- and city-level programs, which in almost all cases, stack with the federal incentive, so you can save even more. You can find out about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Jefferson

If you're thinking of adding solar panels to your home, one of the main reasons why may be to reduce your reliance on nonrenewable energy. You may be curious — how much does making the switch help the environment anyway? In a city like Jefferson where commute times can be very long, going solar can help offset some of your carbon dioxide emissions from driving a lot. Though solar panel production releases carbon dioxide emissions, the panels make up for it by significantly reducing the amount of CO2 you would have released if you still used nonrenewable energy. In Jefferson, you can reduce your carbon footprint by 50 pounds a year with solar panels. For people who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.