17 Best Solar Companies in Mahwah, NJ (Sep 2022 Review)

The Cost and Benefits of Solar in Mahwah

When choosing a solar company, most homeowners or business owners care about the costs the most. A few key factors that influence how much it will cost to install a solar panel system on your home and how much money you could save over time are:

• System size and type: Some models are more expensive than others, so the one you want can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $15,000 over 20 years with your system, too.
• How much energy costs for you: The typical household in Mahwah spends around $720 a year on energy alone, so you could be looking at that much in savings.
• Average daily sunlight: Since Mahwah 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 solar panels can save you on your electricity bills.

So is buying solar panels worth it? Whether you're trying to lower your energy bills, greenhouse gas emissions or both, solar panels are a solid investment for many Mahwah homeowners.

Solar Incentives in Mahwah

Switching to solar power has many wonderful benefits. Not only can it help preserve the planet, but you can also save some money on your installation with various government incentives. When you install a solar panel system on your home, you can claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some local incentives that you can use to further cut back on the cost of solar of solar panels. Check out the table below to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Mahwah

One of the best reasons to tap into solar energy is to decrease your dependence on traditional energy sources like burning fossil fuels, which are damaging for the environment. You may be curious — how much does going solar do for the environment anyway? Something that can severely influence your carbon footprint is how long your commute is and how much you drive generally. If you go solar and drive an electric car, you can vastly lower your carbon dioxide emissions by charging your car at home. While making solar panels releases carbon dioxide emissions, the panels make up for it by greatly lowering the amount of CO2 you would have released if you still used nonrenewable energy. In Mahwah, you can reduce your carbon footprint by 20 pounds a year with solar panels. Since solar energy is abundant and generates electricity without releasing carbon emissions, installing solar panels is one easy step you can take to help preserve the planet.