16 Best Solar Companies in Logan, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Logan

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you must first pay to set up your system. There are a few factors you should take into consideration when determining how much it will cost and how much you can save, including:

• The type of solar panels you want to get: Some are more costly, so that will shape your budget for your solar project.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can benefit from. In addition, you can save about $19,000 over 20 years on your utility bills, not including incentives.
• Energy consumption: Installing a solar system may be a high-cost option for families that don't need a good amount of energy per month.
• Your current electricity bills: Solar panels can substantially reduce, or entirely get rid of, your utility bills. In Logan, you can save an average of $76 a month.

Thanks to the cost of solar panels being lower than before as well as various solar incentives, they are a sound investment for many homeowners.

Solar Incentives in Logan

Although installing solar panels is typically a large investment, it can save you a substantial amount of money over the lifespan of your solar panels because of smaller power bills and government incentives. These incentives typically consist of cash rebates, tax credits and/or solar renewable energy credits. They can lower how much you end up spending on going solar by 30%, upwards of 50% depending on your location. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Logan

A lot of people want to do their part for the environment, which for many is the primary motivation to install a solar system. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Logan, though. The amount of energy you use is a significant factor to keep in mind. The more power your home uses, the bigger your impact when you go solar. Though making solar panels releases carbon dioxide emissions, the panels make up for it by significantly reducing the amount of CO2 you would have released if you still used nonrenewable energy. In Logan, you can reduce your carbon footprint by 60 pounds a year with solar panels. Since solar energy is renewable and generates electricity without releasing carbon emissions, installing solar panels is one easy step you can take to help protect the environment.