Switching to solar power in New Jersey is an excellent way of cutting down on utility costs.
Not only will you be reducing your monthly expenses, but also the long-term price hikes that are happening now and forecasted for years into the future. You can save big by installing panels today!
Thanks to the Renewable Portfolio Standard (RPS) in New Jersey, you can make your home more eco-friendly and save money by going solar with low costs.
Maintaining this mindset has become increasingly important as many states have put a premium on renewable energy sources like wind or hydroelectric power generation instead of coal-fired plants which emit harmful greenhouse gases that are warming up our planet’s climate change problem now than ever before!
As part of programs such as RPS, utility companies across America need incentives from customers who use alternative energies when possible so they’ll keep supporting these types of clean electricity-generating resources long term.
Don’t wait: go ahead and take advantage today while there still may be some great deals available.
The cost of electricity can be really expensive in New Jersey. If you live there, then chances are that your bill is way higher than it should be and people from other states might think this too! The prices of electricity are high in New Jersey.
Around the United States, it costs about $0.1042 per kilowatt/Hr as opposed to an average cost for a New Jersey resident who pays around 0.1342 cents on their bill each month!
The price difference doesn’t seem like that much but there is still a considerable difference if you’re going through more than one thousand kWh’s worth of energy per day. That equals a difference of over $600-800 a month!
The process of generating electricity from sunlight is simpler than you might think. Solar power systems in a residential setting have three main components:
1. Solar panels are an integral part of the production of electricity. These cells convert light into electric current which then moves through wiring to an inverter.
2. The inverter converts the panels’ DC electricity into usable AC for our homes.
3. The meter is a device used to measure the amount of electricity generated and consumed in your home. If you have more than what’s needed on any given day, it will be sent back out onto the grid.
New Jersey has so many different ways to save when you adopt solar panels on your home or business!
A 30% federal tax credit is available for purchased home solar systems installed by December 31, 2033. All you have to do is fill out the federal tax forms and the system will partially pay for itself.
New Jersey also offers Solar Renewable Energy Credits or SRECs as well, which provides compensation per kilowatt-hour (kWh) produced by the home solar system. So check with the state and see if you can benefit! There are also two different tax exemptions you may qualify for!
The first is the Solar Investment Property Tax Exemption which provides a % of property tax exemption for the year you purchase a solar system.
The second is a 6.625% sales tax exemption on the cost of the solar panels themselves! All of this adds up to lots of savings for you!
The benefits of solar energy are clear, as it can reduce greenhouse gas emissions and mitigate climate change. Furthermore this renewable source has an important role in protecting humans from air pollution by improving quality-of life while simultaneously reducing water use for electric production purposes!
We are a company that offers solar energy services in the form of installation, financing, and after-installation support. We will go to great lengths for our customers so they can have access to clean renewable sources like sunlight!
If you’re ready to go solar today or just want some advice, give us a call! We specialize in residential installations and can provide systems for $0 down. Our team of experts is always happy to help with any questions that arise during your project so don’t hesitate on getting them answered as soon as possible.
It’s never been easier than now—or cheaper either; Glyde’s top priority is making clean energy accessible across most homes throughout the state by providing affordable price points while still delivering high-quality service all at once.