The rising costs of utility energy and the likelihood of frequent power outages have made solar power a viable and affordable option for businesses and individuals alike.
Thousands of people in New Jersey these days are turning to renewable energy by installing wind and solar power systems in their homes. Solar energy is one of the cleanest and most reliable sources of electricity. When it comes to sources of renewable energy, the sun’s energy is plentiful. This energy is available as long as there is the sun and there is no possibility of running out of solar energy, unlike other energy sources. Above all, every place around the world can use this energy if they harness it correctly.
When it comes to buying a solar system for your home, the initial cost can be very high. In the recent past, New Jersey has been on the forefront promoting the use of solar energy in both homes and businesses. The state, federal, and local governments offer various plans to offset costs and encourage people to use solar energy by offering tax rebates and incentives. New jersey solar power incentives can lower the cost of a solar panel system substantially. They make solar power less expensive than power from the utility company.
A 30 percent federal investment tax credit on solar systems is available. Both commercial and residential clients can take advantage of this solar panel incentives and it applies to all three major types of solar energy; concentrating solar technology, photovoltaic, and solar heating and cooling.
New Jersey’s Clean Energy Program provides financial incentives to residential customers to help them save money, energy, and conserve the environment. One of the rebate program offered is the Residential New Construction Program that incentivizes the construction of new homes depending on their energy efficiency. The program applies to both single and multi-family residences. Other incentives on solar panels for your home can include Solar Renewable Energy Certificates Program, Residential Renewable Energy Tax Credit, and others. To learn more about solar panels, visit http://www.huffingtonpost.com/news/solar-panels/.
Incentives on solar panels along with robust solar technology create a great environment for people to change their energy habits while saving money.
Reputable residential solar companies in New Jersey endeavor to provide unique solutions for individual homes. You will want to find local solar panel installers with substantial experience in solar systems design. Such a company will know how to predict energy production accurately and with the assistance of a team of capable solar design professionals, it is obvious that they will bring the most value to your solar project.
Navigating through various New Jersey solar power incentives and rebates by yourself may not be easy. A good solar company will help you determine all the qualifying solar energy tax credit and rebate programs and assist you in filing the required paperwork.