11 Best Solar Companies in South River, NJ (Sep 2022 Review)

The Cost and Benefits of Solar in South River

When choosing a solar company, most homeowners or business owners think about the costs the most. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• 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 utility bills, which can lead to an average of $14,000 of savings over 20 years.
• The model of solar panel system you can purchase: This depends on your income and budget.
• Your current electric bills: Solar panels can dramatically reduce, or entirely eradicate, your utility bills. In South River, you can save an average of $57 a month.
• Whether or not your roof gets a lot of direct sunlight: This, plus how your roof is set up, affects affect how much energy your solar panels can generate.

There are lots of wonderful benefits of solar in spite of the upfront cost of installation. It can help the planet and your wallet. Additionally, it can boost the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in South River

To increase the number of homes and businesses that use solar power, federal and local governments — and even some utility companies — offer incentives to help make solar more economical and accessible. These incentives usually take the form of cash rebates, tax credits and/or solar renewable energy credits. They can lower the cost of going solar by 26 to 50% in some cases. Check out the table below to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in South River

Many want to do what they can to help the planet, which often is the main reason for installing a solar system. You may be wondering — how much do solar panels do for the planet anyway? In a place like South River where commute times can be very long, installing solar panels can help help reduce the carbon footprint of being on the road a lot. Since solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good trade for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 60 pounds each year. Since solar power is renewable and produces electricity without releasing carbon emissions, making the switch to solar power is one easy step you can take to help protect the planet.