18 Best Solar Companies in Shamong, NJ (2023 Reviews)

The Cost and Benefits of Solar in Shamong

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you first need to pay to install your system. Some key things that influence how much it will cost and how much you could save include:

• Your income and budget: This guides what type of solar panels you can purchase.
• Typical energy usage: The more power your home consumes on average and the higher your current power bills are, the more money you could save by switching to solar.
• Average daily sunlight: Since Shamong gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which affects how much you can save on your energy bills.
• Incentives: Something that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save money on your energy bills, which can lead to an average of $16,000 of savings over 20 years.

Although a solar panel system costs a sizable chunk of money upfront, it can save you much more over time. The question of how much, though, depends on several factors, including the size of your house and your energy consumption.

Solar Incentives in Shamong

To increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make switching to solar power more affordable and accessible. In addition to the federal solar investment tax credit, there are also some local incentives, which in the majority of cases, can be claimed in addition to the federal incentive, so you get to save even more. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Shamong

Installing solar panels can have a positive effect on the environment. Something many homeowners might be wondering about is how much can they really help preserve the environment by going solar anyway? The EPA reports that electricity production is the second greatest source of greenhouse gas emissions and about 62% of our electricity is produced by burning fossil fuels. Switching to a clean energy source like solar power can help put a dent in that number in a city like Shamong that produces a fair amount of carbon dioxide emissions each year. Since solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good swap for nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. If you want to do what you can for the environment, you'll no doubt understand 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 more valuable.