13 Best Solar Companies in Leonia, NJ (Sep 2022 Review)

The Cost and Benefits of Solar in Leonia

Solar panels are powered by a free energy source — the sun — but to take advantage of this you will first need to pay to install your panels. A few important factors that affect the cost of installing a solar panel system on your home and how much money you could save over time are:

• Incentives: Tax-paying citizens who install a solar system this year can save 30% of their solar installation costs by using the federal solar investment tax credit. You can also save about $15,000 on your energy bills over 20 years excluding incentives.
• The amount of sunlight your roof gets: Due to Leonia's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• Your home's power bills: Due to high monthly power bills in Leonia, you could save about $710 a year with solar.
• Your income and budget: This determines what model of solar panels you can afford.

There are several good benefits of solar in spite of the upfront cost of installation. It can help the planet and your wallet. Plus, it can boost the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in Leonia

Since solar power is a cleaner source of energy than traditional energy sources, there are several government incentives in place to encourage people to make the switch. There are several federal, state and local rebates and tax credits that can earn you a decent amount of money back after buying solar panels. In the table below, you can find out about the incentives you qualify for in Leonia.

Environmental Impact of Switching to Solar in Leonia

There are tons of reasons to make the switch to solar power, like saving money on utility bills and helping to lower your carbon footprint. But you may be wondering — how much exactly can you help the environment by going solar? A significant thing to think about is your overall carbon footprint. For example, if you have a long commute, your footprint may be larger, so switching to solar energy for your house can help offset that. Though solar panel manufacturing emits carbon dioxide, the panels make up for it by significantly reducing the amount of CO2 you would have released if you still used nonrenewable energy. In Leonia, you can reduce your carbon footprint by 60 pounds a year with solar panels. The advantages of solar power are infinite — just like solar power is! That's why so many Leonia residents have been happy with making the switch to solar.