15 Best Solar Companies in West Freehold, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in West Freehold

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will need to pay to set up your system. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Choice of solar panels: The type of solar panels you want will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can use. Additionally, you can save about $14,000 over 20 years on your utility bills, before factoring in incentives.
• Your power bills: This will impact your savings. In West Freehold, the average resident can save about $650 a year on their electricity bills.
• Average daily sunlight: Since West Freehold 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 you can save on your energy bills.

There are many good benefits of solar even with the upfront cost of installation. It can help the Earth and your finances. Plus, it can raise the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in West Freehold

Because solar power is a cleaner source of energy than burning fossil fuels, there are various government incentives available to encourage people to make the switch. These incentives mostly include cash rebates, tax credits and/or solar renewable energy credits. They can lower the cost you pay for going solar by 30%, upwards of 50% depending on where you live. For more information about incentives for homeowners in West Freehold, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in West Freehold

Installing solar panels is a good way to do what you can for a cleaner and more sustainable future. Something many people might be asking themselves is how much can they really help preserve the environment by going solar anyway? A key thing to think about is your overall carbon footprint. For example, if your commute is very long, your footprint may be bigger, so switching to solar power for your house can help offset that. In fact, if you make the switch to solar power, you could reduce your carbon dioxide emissions by about 60 pounds each year. If you care about the environment, you'll likely recognize that there are many good things about adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is more valuable.