14 Best Solar Companies in Little Ferry, NJ (Jan 2023 Review)

The Cost and Benefits of Solar in Little Ferry

For the majority of homeowners, whether or not you should invest in solar energy boils down to the cost. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of installing your solar panel system from your taxes. In addition, not including incentives, you can save about $15,000 over 20 years on your energy bills.
• Typical energy usage: The more electricity your household uses on average and the greater your current electricity bills are, the more likely you'll benefit from making the switch to solar.
• The type of solar panels you're planning on getting: Some cost more, so that will shape your budget for your solar project.
• Average daily sunlight: Since Little Ferry 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 your electricity bills will be.

Though a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on several factors, like the size of your house and your current power bills.

Solar Incentives in Little Ferry

There are lots of reasons why you should switch to solar. One of them consists of some government incentives that can save you money. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially use the ITC with other local incentives. For comprehensive information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Little Ferry

Switching to solar energy can have a meaningful impact on the environment. But you may be wondering — how much exactly can you help the environment by making the switch to solar? In a city like Little Ferry where commute times can be very long, using solar power can help help reduce the carbon footprint of driving a lot. When you go solar, your carbon dioxide emissions can be cut by about 60 pounds a year. As you can see, trading traditional energy for solar has so many other perks outside of saving money. One of the main ones is that you can help save the planet too.