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

The Cost and Benefits of Solar in Mount Ephraim

We get that for many homeowners, the choice to invest in solar rests on installation costs. Some key factors that influence the cost of installing solar panels on your home and how much money you could save over time include:

• The model of solar panels you can afford: This depends on how much you're willing to invest upfront.
• Typical energy usage: The more energy your household uses on average and the higher your current energy bills are, the more benefits you'll see from making the switch to solar.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of installing your solar panel system from your taxes. Plus, not including incentives, you can save about $15,000 over 20 years on your energy bills.
• How much you spend on energy: The average household in Mount Ephraim shells out around $710 a year on power alone, so you could end up with that much in savings.

Although a solar panel system costs a decent chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on several factors, including the angle of your roof and your energy consumption.

Solar Incentives in Mount Ephraim

Because solar power is better for the environment than traditional energy sources, there are several government incentives available to encourage people to make the switch. On top of the federal tax credit incentive, there are also some state- and city-level benefits, which in the majority of cases, stack with the federal incentive, so you get to save even more. You can learn about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Mount Ephraim

Going solar can have a beneficial effect on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Mount Ephraim, though. The more power your house uses, the better off the planet will be if you switch to solar since you won't have to rely on traditional energy sources as much. Because solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good substitute for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 60 pounds each year. As you can see, trading traditional energy for solar has so many other perks outside of saving money. One of the major ones is that you can help save the planet too.