13 Best Solar Companies in Martinsville, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Martinsville

Solar panels run off a free energy source — the sun — but to take advantage of this you will need to pay to set up your panels. Some significant things that impact the cost and possible savings include:

• Where your home is: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• How much energy costs for you: If your local power rates are high, there's a better chance you'll have a higher return on your investment in a solar system. In Martinsville, you can save an average of $57 a month on your electricity bills.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of installing your solar panel system from your taxes. Plus, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• Choice of solar panels: The type of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.

Due to solar panels now being cheaper than ever as well as several solar incentives, they are a sound investment for most homeowners.

Solar Incentives in Martinsville

There are lots of reasons why adopting solar power is beneficial. One of them consists of some government incentives that can save you money. On top of the federal tax credit incentive, there are also some local incentives, which in most cases, stack with the federal incentive, so you get to save even more. Our article on solar incentives goes over more in-depth information on the incentives you can take advantage of in Martinsville.

Environmental Impact of Switching to Solar in Martinsville

One of the most compelling reasons to use solar energy is to decrease your reliance on traditional energy sources like burning fossil fuels, which are destructive for the environment. But — how much exactly can you help the environment by making the switch to solar? Something that can dramatically influence your carbon footprint is your commute time and how much you drive in general. If you go solar and have an electric car, you can greatly decrease your carbon dioxide emissions by charging your car at home. Once you go solar, your carbon dioxide emissions can be reduced by about 60 pounds a year. As you can see, using solar power has so many other benefits outside of saving money. One of the primary ones is that you can help save the Earth too.