18 Best Solar Companies in Morris, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Morris

Solar panels run off a free energy source — the sun — but before you can take advantage of this you must first pay to install your system. Some important things that influence the upfront cost and potential savings over time include:

• 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 $16,000 over 20 years on your energy bills.
• Average daily sunlight: Since Morris gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which impacts how much you can save on your energy bills.
• Choice of solar panels: The type of solar panels you buy 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 you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Your home's power bills: Because of high monthly power bills in Morris, you could save about $800 a year with solar.

Solar is a worthwhile investment for most homeowners. You can produce your own energy instead of paying for it from a utility company and benefit from solar incentives and rebates, all while helping protect the planet.

Solar Incentives in Morris

One of the good things about installing a solar panel system is earning incentives from the government. When you install solar panels, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Plus, there may often be some regional incentives that you can use to further save. In our article on solar incentives, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Morris

Making the switch to solar power is a great way to do what you can for a more eco-friendly future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Morris, though. A key thing to keep in mind is your overall carbon footprint. For example, if you have a long commute, your footprint may be greater, so switching to solar power for your house can help offset that. Because solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 50 pounds each year. The advantages of solar power are infinite — just like solar power is! That's why so many Morris residents have been happy with using solar energy.