16 Best Solar Companies in Willingboro, NJ (Oct 2022 Review)

The Cost and Benefits of Solar in Willingboro

We know that for most homeowners, the decision to invest in solar rests on installation costs. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Energy consumption: Installing a solar system may be a high-cost option for households that don't need too much energy a month.
• Average daily sunlight: Since Willingboro gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which affects how much you can save on your energy bills.
• Choice of solar panels: The kind of solar panels you are interested in getting 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 space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save on your power bills, which can result in an average of $15,000 of savings over 20 years.

So is a solar panel system worth it? Whether you'd like to decrease your electric bills, carbon emissions or both, solar panels are a solid investment for many Willingboro homeowners.

Solar Incentives in Willingboro

To increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make solar power more affordable and accessible. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly use the ITC with other local incentives. The table below lists out the incentives you can find in Willingboro.

Environmental Impact of Switching to Solar in Willingboro

Many want to do what they can to help save the environment, which for many is the prime reason they're interested in installing solar panels. You may be trying to figure out — how much do solar panels do for the planet anyway? One thing that can severely affect your carbon footprint is your commute time and how much you drive in general. If you install solar panels and drive an electric car, you can vastly decrease your carbon dioxide emissions by charging your car at home. Because solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good swap for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. If you want to do your part for the environment, you'll likely recognize that there are many advantages to adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is more valuable.