18 Best Solar Companies in Livingston, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Livingston

When deciding on a solar company, most homeowners or business owners worry about the costs the most. A few key factors that determine the cost of installing a solar panel system on your home and how much money you could save over time include:

• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of installing your solar panel system from your taxes. Plus, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• How much power your household needs: If your household needs to use a lot of energy, you'll benefit more from switching to solar.
• How much you spend on energy: If your local utility rates are high, there's a good chance you'll end up with a higher return on your investment in a solar system. In Livingston, you can save an average of $57 a month on your electricity bills.
• Your income and budget: This determines what type of solar panels you can afford.

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

Solar Incentives in Livingston

To increase solar panel installation and usage, federal and local governments — and even some utility companies — offer incentives to help make solar power more economical and accessible. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much you paid for your solar installation on your tax return, lowering the amount of taxes you owe that year. Plus, there may be some local incentives you can benefit from too. Check out our article on solar incentives to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Livingston

One of the best reasons to switch to solar energy is to reduce your reliance on nonrenewable energy sources like burning fossil fuels, which are hazardous for the environment. But how much can switching to solar actually affect the environment? One thing that can severely shape your carbon footprint is your commute time and how much you drive in general. If you go solar and have an electric car, you can significantly lower your carbon dioxide emissions by charging your car at home. In fact, if you adopt solar power, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. The perks of solar power are plentiful — just like solar power is! That's why so many people have been happy with committing to solar.