13 Best Solar Companies in Vineland, NJ (Aug 2022 Review)

The Cost and Benefits of Solar in Vineland

Solar panels run off a free energy source — the sun — but to take advantage of this you will need to pay to set up your panels. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 26% of the cost of your solar system installation from your federal taxes. In addition, not including incentives, you can save about $20,000 over 20 years on your energy bills.
• How much energy your household consumes: Homes that consume a lot of energy each month may call for more solar panels and, consequently, more upfront cost, but will also save more on their energy bills over time.
• The amount of sunlight your city gets: Due to Vineland's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• The make and model of solar panels you're planning on getting: Some are more costly, so that will determine your budget for your solar project.

There are many great benefits of solar even with the upfront cost of installation. It can help the planet and your finances. Additionally, it can boost the value of your home, leading to even more benefits if you decide to sell your home later.

Solar Incentives in Vineland

One of the good things about installing a solar panel system is receiving government incentives. When you install a solar panel system, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 26% of the cost of your solar panels. Plus, there may often be some local incentives that you can take advantage of to further save. For detailed information about incentives for homeowners in Vineland, check out the table below.

Environmental Impact of Switching to Solar in Vineland

One of the most compelling reasons to use solar power is to minimize your reliance on nonrenewable energy sources like burning fossil fuels, which are destructive for the environment. But how much can installing solar panels actually help the environment? The EPA reports that electricity generation is the second greatest source of greenhouse gas emissions and about 62% of our electricity is produced by burning fossil fuels. Using solar power can help reduce that number in a city like Vineland that produces a fair amount of carbon dioxide emissions each year. In fact, if you make the switch to solar power, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. As you can see, investing in solar has so many other rewards outside of saving money. One of the primary ones is that you can help save the environment too.