Solar Panels Offer an Alternative Energy Source

The single greatest advantage of installing solar panels on the roof of a New Jersey residence is the proven way it dramatically lowers utility bills every month. On average, a typical New Jersey homeowner spends $200 a month for electricity. Because an average solar panel system can offset the cost by up to 70%, most homeowners could save $140 every 30 days, or savings of nearly $1700 per year.

Solar Power Paid for by Savings

Additionally, because the cost of installing a home solar power-generating system is fixed, the cost of electricity will never go up. This means that 20 years’ worth of savings from solar panels will be greater than the amount the homeowner would have paid for the power they would have purchased from the utility company. Because solar panel systems last for five decades or longer, the added value to the home’s equity would have been lost if the system was never installed.

Helping the Environment

Many New Jersey homeowners are considering installing solar panels on their home, as a way to produce electrical power, to help the planet by reducing their carbon footprint. As a green, renewable energy source of power, using solar panels to generate electricity eliminates the needs to create pollutants and harmful CO2 by burning fossil fuels for power. A standard size home solar panel system typically saves the planet up to 1 ton of CO2 every year.

Eliminate Electricity Bills

Homeowners understand that by installing a solar panel system on their home they can lower their electricity bills, simply because sunlight happens every day, and it is free. Once the initial investment is spent, and the system is installed, homeowners experience a saving off their electric bills by up to 70%, with a standard size unit.

Tax Breaks & Incentives

Recent advancements in solar technology, along with improvements in building strategies, can maximize the benefits of using the sun to generate power. While it is true that the upfront cost can seem overwhelming, with added tax breaks and incentives, from local, regional and national governments, the price is more than reasonable.

There is an easy way for the unit to offset its own cost, through net metering. With an agreement with the local electric provider, a homeowner can generate enough electricity to earn a credit with the utility company. The credit can either be used to purchase electricity off the power grid, or used to offset the cost of purchase and installation of the system. The net metering electric meter actually runs backwards when generating electricity, which provides a credit to the homeowner.

Even homeowners as far north as New Jersey have the best climate conditions to make solar energy systems a viable solution for their home. The units take up no area in the yard, as they can be easily installed up on the roof.

By reducing the amount of energy demands required from the local utility company to generate power through fossil fuels, homeowners in New Jersey are helping the planet. Additionally, by installing solar panels, they have helped enhance the health of their local community while saving money on the utility bills every year.