17 Best Solar Companies in Laurence Harbor, NJ (Oct 2022 Review)

The Cost and Benefits of Solar in Laurence Harbor

We understand that for most homeowners, the choice to invest in solar rests on installation costs. There are quite a few factors you should take into consideration when determining costs and your potential savings, including:

• Average daily sunlight: Since Laurence Harbor gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which impacts how much you can save on your energy bills.
• How much energy costs for you: The typical household in Laurence Harbor shells out around $650 a year on electricity alone, so you could gain that much in savings.
• The make and model of solar panels you're planning on getting: Some are more costly, so that will influence your budget for your solar project.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $13,000 over 20 years with your solar system, too.

So is a solar panel system worth it? Whether you're trying to lower your electricity costs, carbon emissions or both, solar panels are a worthwhile investment for many Laurence Harbor homeowners.

Solar Incentives in Laurence Harbor

Although solar power is typically a big investment, it can save you a considerable amount of money in the long term due to reduced utility bills and government incentives. 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 26 to 50% in some cases. In the table below, you can see the incentives you qualify for near you.

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.