17 Best Solar Companies in Maywood, NJ (Jan 2023 Review)

The Cost and Benefits of Solar in Maywood

For many readers, the decision of which solar company to choose depends on how much it'll cost. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Your current electric bills: Solar panels can greatly lower, or completely get rid of, your utility bills. In Maywood, you can save an average of $60 a month.
• Your income and budget: This determines what type of solar panels you can purchase.
• Average daily sunlight: Since Maywood gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which affects how much your solar panels can save you on your electricity bills.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of your solar system installation from your taxes. Additionally, not including incentives, you can save about $15,000 over 20 years on your energy bills.

So is installing solar panels worth it? Whether you'd like to lower your electricity costs, carbon dioxide emissions or both, solar panels are a good investment for many Maywood homeowners.

Solar Incentives in Maywood

Because solar power is better for the environment than burning fossil fuels, there are various government incentives in place to encourage people to make the switch. There are quite a few federal, state and local rebates and tax credits that can earn you a decent amount of money in return after installing solar panels. For more information about incentives for homeowners in Maywood, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Maywood

If you want to add solar panels to your home, one of the main reasons why may be to lower your reliance on nonrenewable energy. But you may be curious — how much exactly can you help by going solar? In a place like Maywood where commute times can be pretty long, installing solar panels can help help reduce the carbon footprint of being on the road a lot. In fact, if you make the switch to solar power, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. Since solar power is abundant and makes electricity without free from carbon dioxide emissions, installing solar panels is one easy step you can take to help preserve the environment.