5 Ways Solar Panels Reduce Electric Bill In New Jersey

Solar Panels Reduce Electric Bill In New Jersey

There are several ways solar panels can reduce electric bill in New Jersey. Undoubtedly, one of the biggest reasons customers choose to go solar is to reduce electricity costs. In New Jersey, the average electric bill is over $100. Over a year, this means homeowners typically incur over $1200 in expenses. As a homeowner, you need to know how switching to solar can dramatically reduce or eliminate your electric bill. This way, you can better understand how solar investments pay off over time. Read on to learn about the most important ways solar panels can reduce electric bill in New Jersey.

Energy-Efficient Panels

First, energy-efficient panels are key to lower electric expenses in New Jersey. Typically, solar panel models range from about 15 to 20% in energy efficiency ratings. To increase your monthly electric savings, you should look for a solar contracting company who offers highly efficient panels. For example, Infinity Energy offers LG solar panels. Notably, this solar brand has been a consistent market leader in solar panel efficiency, with many models at 20% or higher. In addition, LG typically guarantees a power output of over 90% over 25 years. This way, you can continue to generate larger amounts of energy when you buy rooftop solar Hunterdon County and other areas. Definitely, energy-efficient panels are essential to reduce electrical expenses in NJ.

Micro Inverters

Next, you can maximize your electric savings in New Jersey by selecting a micro inverter for your solar system. Importantly, micro inverters are responsible for converting the direct current (DC) from the sun into usable alternating current (AC) to power your home. In a micro inverter system, units are placed behind every single panel in your solar array. With this configuration, they can capture all of the available electricity from each individual solar panel and convert it onsite to usable AC. In a regular string inverter system, solar modules are wired together. This makes the output depend on the worst-performing panel. Notably, micro inverters are more efficient. Even if one panel has a shading issue, you can still collect maximum energy from your other panels. Absolutely, micro inverters’ energy efficiency is key to maximize NJ electric savings.

Net Metering

In addition, net metering is a great way to maximize your New Jersey solar energy investments. With net metering, you can receive credit on your utility bill for excess energy that your system produces. For example, customers might generate more energy than they need during the summer months when sun exposure is higher. Typically, your utility company will use this energy. Then, you will receive credit on your utility bill for the kWh your home did not use. Typically, these credits are valued at the full retail value of the electricity production. Once your utility company pays you back for your excess kWhs, you can use them as needed to supplement your rooftop solar solutions NY and NJ. Certainly, net metering is a great way to reduce monthly electric bills with solar in NJ.

Solar Batteries

Moreover, a solar battery can also reduce electric bills in New Jersey. Typically, utility companies charge a demand fee based on the maximum amount of electrical energy consumed at a given time during the month. Notably, you can reduce this fee by using a solar battery system to store energy. Solar battery systems detect when energy usage is increasing. When the solar panels are not producing enough energy to meet the demand, the batteries kick in, keeping your system from drawing from the grid. Notably, solar batteries are highly effective for reducing the usage spike that often cause high demand charges. Therefore, ask your installer about solar batteries to reduce NJ electric costs.

Low Maintenance

Furthermore, switching to solar power significantly reduces electric maintenance charges in New Jersey. Once your solar installation Passaic County NJ and other areas is completed, it is rare for solar panels to require maintenance or repairs. Indeed, many companies simply recommend using a garden hose to wash dust and debris from your panels. In addition, most reliable solar contractors offer customers a 25-year equipment warranty. If your panels become damaged from storm debris within the warranty period, this means you can get a replacement at no cost. Often, customers have issues with high electric costs and expensive maintenance issues. With a solar system’s low maintenance, you can start increasing your New Jersey electrical savings.

There are several ways solar panels can reduce electric bill in New Jersey. First, energy-efficient panels allow you to capture more energy for your home to lower utility bills. Next, micro inverters are another way to maximize electric savings. In addition, enroll in the net metering program to receive credits for your excess solar energy production. Moreover, solar batteries are great to lower your utility demand charge. Furthermore, solar panels offer low maintenance, allowing you to avoid costly repairs and maintenance within the warranty. Consider these ways solar panels can reduce electric bill in New Jersey.