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

The Cost and Benefits of Solar in West Deptford

Solar panels are powered by a free energy source — the sun — but to take advantage of this you must first pay to install your system. 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: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 26% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $16,000 over 20 years with your solar panels, too.
• Your current electricity bills: Solar panels can dramatically decrease, or entirely eliminate, your utility bills. In West Deptford, you can save an average of $67 a month.
• System size and type: Some models are more costly than others, so the one you want to get can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• Your energy consumption: If your home regularly uses a lot of energy, you'll see more savings from going solar.

As a result of solar panels decreasing in cost as well as local and federal solar incentives, they are a sound investment for the majority of homeowners.

Solar Incentives in West Deptford

Because solar power is a cleaner source of energy than fossil fuels, there are various government incentives available to encourage people to make the switch. State and city solar incentives depend on the location and, sometimes, utility company. Many states offer rebates for home solar power systems, in addition to the federal solar tax credit. The table below lets you know about the incentives you can benefit from in West Deptford.

Environmental Impact of Switching to Solar in West Deptford

Making the switch to solar power is a good way to do what you can for a more environmentally-friendly future. But how much can installing solar panels actually help the environment? A significant thing to think about is your overall carbon footprint. For example, if you have a long commute, your footprint may be greater, so adopting solar power for your house can help offset that. In West Deptford, the average resident can reduce their carbon footprint by 60 pounds a year once they go solar. If you care about the environment, you'll likely find that there are many benefits of adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is more valuable.