17 Best Solar Companies in Laurence Harbor, NJ (Feb 2023 Review)

The Cost and Benefits of Solar in Laurence Harbor

The cost of putting up a solar panel system has gone down significantly in the past several years, but it's still a substantial investment for most homeowners. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• System size and type: Some models are more pricy than others, so the one you want to get can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• Your energy bills: This will determine how much money you might save. In Laurence Harbor, the average homeowner can save about $650 a year on their electricity bills.
• The amount of sunlight your roof gets: Because of Laurence Harbor's high amount of average daily sunlight, you should be able to save a decent amount on your power bills.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. Plus, not including incentives, you can save about $13,000 over 20 years on your energy bills.

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

Solar Incentives in Laurence Harbor

If you're thinking about switching to solar energy, a number of government incentives and subsidies can dramatically lower the cost of the project and speed up the return on your investment. These incentives typically take the form of cash rebates, tax benefits and/or solar renewable energy credits. They can lower the cost you pay for going solar by 30%, upwards of 50% depending on your location. For more information about local incentives, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Laurence Harbor

One of the most compelling reasons to tap into solar power is to reduce your reliance on nonrenewable energy sources like burning fossil fuels, which are harmful for the environment. Something many people might be asking themselves is how much can they really help save the environment by switching to solar power anyway? In a place like Laurence Harbor where commute times can be very long, using solar power can help offset some of your carbon dioxide emissions from being on the road a lot. If you go solar, your carbon emissions can be lowered by about 60 pounds each year. For people who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.