18 Best Solar Companies in Marlton, NJ (Feb 2023 Review)

The Cost and Benefits of Solar in Marlton

Although solar panels can save you a good amount of money on electricity bills over time, it's important to take into consideration the startup costs. There are quite a few factors you should take into consideration when determining costs and your potential savings, including:

• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can take advantage of. Plus, you can save about $17,000 over 20 years on your utility bills, before factoring in incentives.
• How much sunlight your roof gets: If your roof gets limited direct sunlight, your solar panels won't be able to produce as much energy, which will give you lower savings on energy bills than a roof that gets a lot of sunlight.
• How much you spend on energy: The average family in Marlton spends around $810 a year on energy alone, so you could gain that much in savings.

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

Solar Incentives in Marlton

In order to increase solar panel installation and usage, federal and local governments — and even some utility companies — offer incentives to help make solar more financially viable and accessible. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of your project costs on your tax return, lowering the amount of taxes you owe that year. Additionally, there may be some local incentives that can save you some extra money too. Check out our article on solar incentives to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Marlton

Installing solar panels can have a meaningful impact on the environment. A question many might be thinking about is how much can they really help preserve the environment by switching to solar power anyway? The average person has a substantial carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions a year, and energy for their home, it can be overwhelming to figure out what to do. Using solar power is a simple thing you can do to help. In Marlton, the average resident can reduce their carbon footprint by 60 pounds a year after going solar. The great things about solar power are infinite — just like solar power is! That's why so many people have been happy with committing to solar.