15 Best Solar Companies in Montclair, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Montclair

Although solar panels can save you money on energy over time, it's important to take into consideration the upfront costs. Some key things that determine the upfront cost and potential savings over time include:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $14,000 over the first 20 years with your solar panels, too.
• The amount of sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar panels won't be able to make as much energy, which will leave you with lower savings on electricity bills than a roof that gets plenty of sunlight.
• Choice of solar panels: The type of solar panels you are interested in getting 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.
• Your home's power bills: Based on the high monthly power bills in Montclair, you could save about $710 a year with solar.

So is buying solar panels worth it? Whether you're trying to lower your energy bills, carbon dioxide emissions or both, solar panels are a good investment for many Montclair homeowners.

Solar Incentives in Montclair

Switching to solar power has many considerable benefits. Not only can it help protect the planet, but you can also save a good amount of money on your installation with various government incentives. There are quite a few federal, state and local rebates and tax credits that let you earn some money in return after buying solar panels. For comprehensive information about incentives for homeowners in Montclair, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Montclair

A lot of people want to do what they can to help save the environment, which for many is the primary reason for installing a solar system. But how much can installing solar panels actually help the environment? If your home consumes lots of energy, you can have an even greater impact on the planet by switching to solar power. In fact, if you adopt solar power, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. The good things about solar power are abundant — just like solar power is! That's why so many homeowners have been happy with using solar energy.