15 Best Solar Companies in Somerdale, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Somerdale

For the majority of homeowners, whether or not you should invest in solar energy comes down to the cost. The cost and possible savings vary depending on a few key factors such as:

• Your current electric bills: Solar panels can noticeably decrease, or completely get rid of, your utility bills. In Somerdale, you can save an average of $68 a month.
• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your power bills, which can generate an average of $17,000 of savings over 20 years.
• average energy usage: The more electricity your home consumes on average and the steeper your current electricity bills are, the more benefits you'll see from switching to solar.
• System size and type: Some models are more pricy than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.

So is a solar panel system worth it? Whether you'd like to lower your electricity costs, greenhouse gas emissions or both, solar panels are a solid investment for many Somerdale homeowners.

Solar Incentives in Somerdale

Because solar power is a cleaner source of energy than burning fossil fuels, there are several government incentives in place to encourage people to make the switch. State and city solar incentive programs vary by location and, sometimes, utility company. A lot of states offer rebates for home solar power systems, in addition to the federal solar tax credit. In our article on solar incentives, you can find out about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Somerdale

Going solar can have a beneficial impact on the environment. But — how much exactly can you help by using solar power? The amount of energy you use is a significant factor to consider. The more energy you use, the larger your impact when you make the switch to solar power. Though solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by considerably lowering the amount of CO2 you would have produced if you still used traditional energy. In Somerdale, you can reduce your carbon footprint by 60 pounds a year with solar panels. For people who are worried about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.