11 Best Solar Companies in North Haledon, NJ (Jan 2023 Review)

The Cost and Benefits of Solar in North Haledon

Even though solar panels can save you a good amount of money on energy over time, it's important to consider the upfront costs. A few important factors that influence how much it will cost to install solar panels on your home and how much it could save you over time are:

• Typical energy usage: The more power your home uses on average and the higher your current power bills are, the more likely you'll benefit from going solar.
• Your location: This affects how much sunlight your roof receives, which helps determine how many panels you need.
• The type of solar panel system you can purchase: This depends on how much you're willing to spend upfront.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state and city may also have various incentives that you can benefit from. In addition, you can save about $14,000 over 20 years on your utility bills, not including incentives.

Thanks to solar panels now being cheaper than ever as well as several solar incentives, they are a solid investment for most homeowners.

Solar Incentives in North Haledon

There are several reasons why you should switch to solar. One of them involves some government incentives that can help save you some money. In addition to the federal tax credit incentive, there are also some state- and city-level incentives, which in most cases, stack with the federal incentive, so you can save even more. For comprehensive information about incentives for homeowners in North Haledon, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in North Haledon

One of the most compelling reasons to switch to solar power is to minimize your dependence on traditional energy sources like burning fossil fuels, which are destructive for the environment. But — how much exactly can you help by making the switch to solar? The more energy your house uses, the the more the environment will benefit when you switch to solar as you won't have to use as much nonrenewable energy. Since solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good alternative to traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 50 pounds each year. If you want to do what you can for the environment, you'll most likely find that there are many advantages to adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is worth more.