18 Best Solar Companies in River Edge, NJ (Jan 2023 Review)

The Cost and Benefits of Solar in River Edge

For many people considering switching to solar, the decision of which solar company to go with comes down to pricing. There are a few factors you should take into consideration when determining how much it will cost and how much you can save, such as:

• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. Plus, not including incentives, you can save about $15,000 over 20 years on your energy bills.
• Your household's power bills: Due to high monthly energy bills in River Edge, you could save about $710 a year with solar.
• Where your home is: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• System size and type: Some models are more pricy than others, so the one you want can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.

So is buying solar panels worth it? Whether you'd like to reduce your electric bills, carbon emissions or both, solar panels are a great investment for many River Edge homeowners.

Solar Incentives in River Edge

There are many good reasons why going solar is a great investment. One of them involves some government incentives you can take advantage of. Local solar incentive programs depend on the location and, sometimes, utility company. Many states offer rebates for solar power systems, in addition to the federal solar tax credit. In our article on solar incentives, you can see the incentives you qualify for in River Edge.

Environmental Impact of Switching to Solar in River Edge

There are tons of reasons to trade traditional energy for solar power, like saving money on utility bills and helping to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in River Edge, though. One thing to consider is your overall carbon footprint. For example, if you spend a lot of time in the car 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 CO2 emissions into the atmosphere when producing electricity, they're a good swap for nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. If you care about the environment, you'll no doubt get that there are many advantages to adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is worth more.