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

The Cost and Benefits of Solar in Morris Plains

For many readers, the decision of which solar installer to hire comes down to prices. Some key things that impact the upfront cost and potential savings over time include:

• System size and type: Some models are more expensive 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.
• How much sunlight your roof gets: This, and how your roof is set up, affects affect how much energy your solar panels can generate.
• Your power bills: This will influence how much you can save. In Morris Plains, the average resident can save about $650 a year on their electricity bills.
• Incentives: Those who install a solar system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $13,000 on your utility bills over 20 years excluding incentives.

So is installing solar panels worth it? Whether you'd like to decrease your electricity costs, greenhouse gas emissions or both, solar panels are a solid investment for many Morris Plains homeowners.

Solar Incentives in Morris Plains

Switching to solar power has many considerable benefits. Not only can it help protect the environment, but you can also save a good amount of money on your installation with various government incentives. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much you paid for your solar installation when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some state and city incentives you can benefit from too. Check out our article on solar incentives to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Morris Plains

There are a few key reasons why homeowners want to invest in solar energy: to put more money in their bank account and to help the planet. But you may be curious — how much exactly can you help the planet by using solar power? The average person has a rather large carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions a year, and powering their home, it can be overwhelming to think about what to do. Going solar is a simple thing you can do to help. Because solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good alternative to traditional energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 50 pounds each year. If you care about the environment, you'll most likely get that there are many advantages to adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is worth more.