14 Best Solar Companies in South Orange Village, NJ (Oct 2022 Review)

The Cost and Benefits of Solar in South Orange Village

When picking a solar company, most homeowners or business owners worry about the costs the most. The cost of solar and the savings it generates vary depending on some key factors such as:

• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of installing your solar panel system from your taxes. Additionally, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panel system won't be able to produce as much energy, which will leave you with lower savings on energy bills than a roof that gets a lot of sunlight.
• Choice of solar panels: The type of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Typical energy usage: The more electricity your home consumes on average and the steeper your current electricity bills are, the more likely you'll benefit from making the switch to solar.

So is buying solar panels worth it? Whether you hope to decrease your electric bills, greenhouse gas emissions or both, solar panels are a great investment for many South Orange Village homeowners.

Solar Incentives in South Orange Village

Because solar power is better for the environment than burning fossil fuels, there are a number of government incentives in place to encourage people to make the switch. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially use the ITC with other state and city incentives. In the table below, you can see the incentives you qualify for in South Orange Village.

Environmental Impact of Switching to Solar in South Orange Village

One of the most compelling reasons to adopt solar energy is to cut your reliance on nonrenewable energy sources like burning fossil fuels, which are harmful for the environment. But — how much exactly can you help the planet by making the switch to solar? The average person has a considerable carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions every year, and powering their home, it can be overwhelming to think about what to do. Going solar is a practical thing you can do to help. Even though solar panel production releases carbon dioxide emissions, the panels make up for it by greatly lowering the amount of CO2 you would have been responsible for if you still used traditional energy. In South Orange Village, you can reduce your carbon footprint by 60 pounds a year with solar panels. For those who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.