Curious About Solar? Here's What You Need to Know:
Thereβs a lot of confusion about solar energy. Is it free? Will it work during blackouts? Will it raise or lower my homeβs value? What exactly is community solar? Can I install panels on my property instead of my roof? And how do tax credits come into play?
Letβs clear things up:
β Lower Energy Bills β
Reduce or even eliminate your electricity costs
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Eco-Friendly β
Cut your carbon footprint with clean, renewable power
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Energy Independence β
Generate your own power and reduce reliance on the grid
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Increase Property Value β
Homes with solar panels are more attractive to buyers
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Tax Incentives & Rebates β
Take advantage of government incentives to save even more
π Sunlight Absorption β
Solar panels capture energy from the sun
β‘ Energy Conversion β
The system converts sunlight into usable electricity
π Power Your Home β
Use solar energy for daily electricity needs
π Sell Excess Power β
Feed extra energy back to the grid for credits or storage
Maybe! But it depends on several factors: Your roofβs orientation and shading, nearby trees or buildings, your electricity usage, and more. An installer or knowledgeable contractor can help answer questions.
Community solar from your local utility can be a good alternative if your roof isnβt suitable or you donβt own the property. But itβs very important to read the fine print in terms of your expected financial savings (typically modest), contract terms, escalation clauses, etc.
Often not, due to local zoning restrictions. But if you have enough space, it could be possible.
Yes. According to Zillow, homes with solar sell for about 4.1% more on average nationwide. In New Jersey, that premium is closer to 5-6%.
Β· Look for highly rated, local installers
Β· Avoid companies that subcontract
Β· Choose someone who offers both product warranties and service guarantees
Β· Ask if they include a production guarantee
Cash purchase, solar loan, lease, or power purchase agreement (PPA). A reputable installer will explain which option best fits your needs and goals.
If youβre considering a loan through a solar company, be aware it may include a βdealer fee.β This is an added cost built into the total system price. It can significantly affect your long-term savings, so it's important to ask for a full breakdown of costs before committing. Youβll save the most by paying cash.
Your installer should take care of all permitting and interconnection paperwork with your town and utility company.
If your home or business is a good fit for solar, it can be a win-winβgood for the environment and potentially great for your wallet.
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This website will be used to recruit members and volunteers, support Green Ridgewood and Green Team projects and initiatives, and to educate the public. β
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