12 Best Solar Companies in Upper Saddle River, NJ (Jan 2023 Review)

The Cost and Benefits of Solar in Upper Saddle River

Although solar panels can help save you a decent chunk of change on power bills over time, it's important to know the upfront costs. There are a few factors you should consider when determining the overall cost and how much you can save, such as:

• How much you spend on energy: The average household in Upper Saddle River pays around $720 a year on energy use alone, so you could be looking at that much in savings.
• Incentives: Those who buy and install a solar energy system this year can save 30% of their installation costs by using the federal solar investment tax credit. You can also save about $15,000 on your utility bills over 20 years without incentives.
• Choice of solar panels: The type of solar panels you need 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.
• Average daily sunlight: Since Upper Saddle River gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which impacts how much your electricity bills will be.

As a result of the cost of solar panels being lower than before as well as local and federal solar incentives, they are a solid investment for most homeowners.

Solar Incentives in Upper Saddle River

Because solar power is more sustainable than burning fossil fuels, there are a number of government incentives available to encourage its adoption. Local solar incentive programs vary by location and, sometimes, utility company. A lot of states offer rebates for solar panels, in addition to the federal solar tax credit. Check out our article on solar incentives to learn what incentives are available to you.

Environmental Impact of Switching to Solar in Upper Saddle River

Making the switch to solar power is a good way to do what you can for a greener future. Something many homeowners might be wondering about is how much can they really help preserve the environment by going solar anyway? In a city like Upper Saddle River where commute times can be very long, going solar can help help reduce the carbon footprint of driving a lot. After you go solar, your carbon emissions can be cut by about 60 pounds each year. As you can see, trading traditional energy for solar has so many other rewards beyond saving money. One of the major ones is that you can help save the planet too.