18 Best Solar Companies in Marlton, NJ (Oct 2022 Review)

The Cost and Benefits of Solar in Marlton

For many people, the decision of which solar installer to choose comes down to pricing. A few important factors that affect how much it will cost to install a solar panel system on your home and how much it could save you over time are:

• Your city: This influences how much sunlight your roof gets, which helps determine how many panels you need.
• The cost of energy for you: If your local power rates are high, there's a good chance you'll get a higher return on your investment in a solar panel system. In Marlton, you can save an average of $68 a month on your electricity bills.
• 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.

Even though a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on several factors, including the angle of your roof and your local electricity rates.

Solar Incentives in Marlton

Because solar power is a cleaner source of energy than burning fossil fuels, there are various government incentives in place to encourage people to make the switch. There are several federal, state and local rebates and tax credits that can earn you anywhere from 26% to 50% of your money back after installing solar panels. In the table below, you can find out about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Marlton

One of the best reasons to switch to solar power is to minimize your dependence on traditional energy sources like burning fossil fuels, which are harmful for the environment. Something many homeowners might be thinking about is how much can they really help protect the environment by going solar anyway? In a city like Marlton where commute times can be very long, going solar can help help reduce the carbon footprint of driving a lot. Though making solar panels releases carbon dioxide emissions, the panels make up for it by greatly decreasing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Marlton, you can reduce your carbon footprint by 60 pounds a year with solar panels. As you can see, using solar power has so many other perks besides saving money. One of the main ones is that you can help save the Earth too.