There are several signs switching to solar power Montclair NJ is right for you. Notably, solar technology allows homeowners to reduce electric costs dramatically. In addition, solar power can lower your home’s carbon footprint significantly. As a property owner, you need to know when making the switch to solar energy is right for your home. This way, you can make an informed decision that works for you. Plus, you can time your solar system installation with your solar energy contractors Morris County NJ and other areas to maximize your savings. Read on to learn more about the telltale signs switching to solar power Montclair NJ is right for you.
You Want To Save On Your Energy Bills
First, you may switch to solar panels if you want to save on your energy bills. On average, families in the United States spend nearly $1,450 per year on electricity alone. With solar panels, homeowners can often cut their monthly electric savings. Indeed, solar panels often pay for their investment within eight years. In addition, New Jersey homeowners typically save nearly $30,000 over 20 years with their solar panels. Typically, solar panels are under warranty for 25 years and continue to operate for five to ten years after. Importantly, this means property owners can save even more. If you’re looking to save on your energy bills and earn money on your investment, switch to solar power on your Montclair NJ home.
You Want To Take Advantage Of Incentives
Next, a solar system Montclair NJ may be right for you if you want to take advantage of solar incentives. Notably, some solar rebates and incentive programs are not set to last forever. For example, you can currently earn a 26% credit under the federal investment tax credit (ITC) program. Importantly, this tax credit is a dollar-for-dollar reduction on the investment of your solar property. Under the solar ITC extension, you can access a 26% lower cost if your installation begins in 2021 or 2022. However, the incentive is set to drop to 22% in 2023. Additionally, by 2024, the residential credit will drop to zero. Therefore, you should install solar sooner rather than later to maximize your savings. To meet eligibility requirements for this incentive, you must purchase your solar panels through loan or cash financing options as well. Definitely, install solar panels Montclair NJ to take advantage of incentive programs.
You’re Looking For A Low Maintenance Energy Option
In addition, solar power is great for Montclair homeowners looking for a low maintenance energy system. Importantly, high quality solar equipment is typically designed to be durable and withstand the elements. For example, LG solar panels are one of the sturdiest options on the market. Plus, solar providers often offer a 25-year warranty on them as well. If anything does break within this timeframe, it is usually covered. Additionally, you can clean most solar system simply by rinsing them with a garden hose. Some systems also have applications that can notify you when there is debris on your roof blocking your panels. Certainly, solar panels are a great renewable energy option if you want a low maintenance system Montclair NJ.
You Want To Decrease Your Home’s Carbon Footprint
Moreover, solar panels Montclair NJ are perfect if you want to decrease your home’s carbon footprint. According to recent studies, the average residential solar system can offset nearly 100,000 pounds of carbon dioxide over 20 years. Notably, this is equivalent to not driving a car for 100,000 miles. With renewable energy, you can increase your home’s sustainability and minimize your contributions to global warming. In addition, residential solar systems New York and New Jersey are great for individuals who are already living an eco-friendly lifestyle as well. With nearly 2.4 metric tons of carbon emissions each year, solar panels are a great way to help offset these emissions and lower their environmental impact. Undoubtedly, solar energy is a great option if you want to decrease your Montclair NJ home’s carbon footprint.
You Want To Increase Your Home’s Value
Furthermore, solar panels are a profitable investment if you’re looking to increase the value of your Montclair NJ home. Notably, studies show that homes with solar panels sell for about 15% to 20% more than homes without them. To put this into perspective, you might own a home currently valued at $200,000. Once rooftop solar panels are installed, your home value could increase to about $234,000. This is a significant difference if you are thinking of selling your home in the future. Indeed, the investment may end up paying off for more than your installation cost. Thus, consider installing solar panels if you’re looking to increase your Montclair NJ home’s value.
There are several sign switching to solar power Montclair NJ is right for you. First, solar is a great option if you want to lower your monthly electric bills. Next, you should make the switch to solar sooner rather than later if you want to take full advantage of solar incentive programs. In addition, solar panels are perfect if you’re looking for a low maintenance option. Moreover, solar energy systems can significantly reduce your carbon footprint as well. Furthermore, solar installations can also increase your home’s value. Consider these points to learn about the telltale signs switching to solar power Montclair NJ is right for you.