16 Best Solar Companies in Maple Shade, NJ (Oct 2022 Review)

The Cost and Benefits of Solar in Maple Shade

While solar panels can help save you a good amount of money on power bills over time, it's necessary to know the upfront costs. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Incentives: Those who install a solar system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $15,000 on your electricity bills over 20 years without incentives.
• Your income and budget: This guides what model of solar panels you can buy.
• The amount of sunlight your roof gets: Because of Maple Shade's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• How much energy you use: If your household regularly uses a lot of energy, you'll benefit more from switching to solar.

Even though a solar panel system costs a good chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on several factors, including the size of your solar panel system and incentives.

Solar Incentives in Maple Shade

In an effort to increase solar panel installation and usage, federal, state and local governments — and even some utility companies — offer incentives to help make solar more economically viable and accessible. Local solar incentive programs depend on the location and, sometimes, utility company. Many states offer rebates for solar power, in addition to the federal solar tax credit. In the table below, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Maple Shade

Installing solar panels can have a positive impact on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Maple Shade, though. The more power your house uses, the better off the planet will be when you switch to solar as you won't have to burn as many fossil fuels. Because solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good alternative to traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 60 pounds each year. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.