17 Best Solar Companies in Mercerville, NJ (Feb 2023 Review)

The Cost and Benefits of Solar in Mercerville

While solar panels can help save you a good amount of money on power bills over time, it's necessary to consider the startup costs. There are a few factors you should consider when trying to figure out the overall cost and how much you can save, including:

• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can give you an average of $14,000 of savings over 20 years.
• average energy usage: The more energy your household uses on average and the larger your current energy bills are, the more likely you'll benefit from going solar.
• The type of solar panels you can purchase: This depends on your income and budget.
• The amount of sunlight your home gets: Due to Mercerville's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.

There are many great benefits of solar in spite of the initial cost of installation. It can help the environment and your bank account. Plus, it can increase the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in Mercerville

Since solar power is better for the environment than traditional energy sources, there are some government incentives in place to encourage its adoption. There are a lot of federal, state and local rebates and tax credits that can earn you a decent amount of money in return after buying a qualifying system. Check out our article on solar incentives to learn what incentives are available to you.

Environmental Impact of Switching to Solar in Mercerville

Lots of people want to do what they can for the planet, which for many is the primary reason for installing a solar system. But how much can switching to solar actually affect the environment? One thing to keep in mind is your overall carbon footprint. For example, if you spend lots of time commuting to work and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. In Mercerville, the average homeowner can lower their carbon footprint by 60 pounds a year after going solar. As you can see, investing in solar has so many other benefits besides saving money. One of the primary ones is that you can help save the Earth too.