14 Best Solar Companies in Montgomery, NJ (Feb 2023 Review)

The Cost and Benefits of Solar in Montgomery

When picking a solar company, most homeowners or business owners wonder about the costs the most. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Your household's power bills: Due to high monthly electric bills in Montgomery, you could save about $700 a year with solar.
• System size and type: Some models are more pricy than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Your home's orientation toward the sun: This, along with how your roof is set up, affects affect how much energy your solar panels can generate.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of your solar system installation from your federal taxes. Additionally, not including incentives, you can save about $14,000 over 20 years on your energy bills.

As a result of solar panels decreasing in cost as well as various solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Montgomery

One of the great things about installing a solar panel system is earning incentives from the government. When you install a solar panel system, you become eligible to claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. In addition, there are often some local incentives that you can take advantage of to further cut back on the cost of solar of solar panels. You can find out about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Montgomery

A lot of people want to do their part to help the environment, which often is the main reason they're interested in installing solar panels. You may be asking yourself — how much does making the switch do for the planet anyway? One thing you should consider 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. Because solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good swap for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 60 pounds each year. The benefits of solar power are infinite — just like solar power is! That's why so many homeowners have been happy with using solar energy.