Residential solar Morris County NJ

Perhaps you’ve been thinking about installing a residential solar system, but you’re hesitant because you’ve heard they’re expensive. Most people know that solar panels help you reduce, and sometimes entirely eliminate, your monthly electricity costs while providing a more eco-friendly alternative to traditional electricity. However, there is still a lot of mystery surrounding the actual costs associated with buying and installing a home solar system. 

Sunlight is free, but the solar systems required to turn sunlight into energy that powers your home are not free. Decades ago, when people in the US started using solar panels on their roofs, the cost was considered prohibitive by many people. However, as solar panels have increased in popularity and have become more widely available, many homeowners are happy to discover that they are now quite affordable. 

Here are some facts about the costs associated with solar power:

  • The cost will be specific to your customized system and the final price will be influenced by several factors, including the size of your roof, how many panels you want, and which panels you choose.
  • Solar energy continues to become more affordable. According to the Climate Reality Project, the cost to produce one megawatt-hour of solar power fell a whopping 86% from 2009 to 2017!
  • According to a 2020 report released by the International Energy Agency, solar energy is now the cheapest electricity in the world. 
  • In the US, the average installation cost for residential solar panels is around $17k – $20k, and this is after redeeming the federal solar tax credit. There are numerous financing options available that we’ll discuss in more detail below.
  • On average, it takes around 5 – 7 years to save the amount of money you’ll spend to install your solar system. In addition, solar panels have an extremely long life, so you’ll enjoy reduced energy bills for many years to come.

Reducing your power costs with solar panels

If you’re concerned about the upfront cost of solar panel installation, you have several options including a solar lease or a solar loan. A solar lease works exactly the same as a car lease, you simply pay a monthly rate for as long as you have the solar panels. Solar leases operate with a fixed monthly fee, so the amount you pay won’t change, even when energy prices rise or fall. Solar loans are a popular choice because you typically won’t have to make any net payments – your solar panels make the payment for you and you receive instant savings. 

For more information about solar installation in Morris County NJ, or if you have any questions about solar loans, please contact our team at Green House Solar today. 

residential solar

The cost of converting to solar power can seem steep, but don’t let that deter you from investing in completely clean and renewable energy for your home. Solar power installation costs will differ depending upon the type of property you have, and the number of panels required, and if you need assistance covering the up-front costs, you have several options.

  • Solar Lease – Introduced in the early 2000s, solar leasing has become hugely popular with homeowners and business owners across the country. It works the same way as leasing a car: the solar provider owns the equipment, pays for it, and is the legal owner. The solar provider also pays for installation, maintenance, and repairs, while you pay them an agreed fixed monthly amount, like paying a monthly energy bill. The one exception, of course, is that solar leases are typically much cheaper on a monthly basis than traditional energy from a utility company!
  • Power Purchase Agreement (PPA) – Similar to a solar lease, a PPA comes with one notable difference: rather than paying a fixed monthly fee to the solar provider, you pay a certain amount for every kWh your system produces. This amount is pre-determined between you and your solar provider. 
  • Energy Efficient Mortgage (EEM) – An EEM works by crediting your home’s energy efficiency in the mortgage itself, which can be used to finance solar panels.
  • Property Assessed Clean Energy (PACE) Program – Some states, including New Jersey, allow homeowners to borrow money from either their city, county, or state, and then pay it back via a higher property tax rate over a certain amount of time, usually 15 to 20 years. You can find out more about New Jersey’s PACE Program here.
  • Peer-to-Peer (P2P) Lending – A somewhat new financing system, P2P works by matching borrowers and lenders using crowdsourcing platforms. One advantage of the P2P system is that you, as the borrower, can avoid high transaction fees and other fees banks sometimes charge. 

Get more information about power costs

As you can see, there are a handful of financing options when it comes to installing a home solar system. The upfront installation costs may seem high, however, you’ll quickly be enjoying lower monthly energy costs and reducing your environmental footprint. At Greenhouse Solar, we are experts in both residential and commercial solar panel installation, and we would be happy to answer any questions you have, so please contact our team today. Discover why we’re the go-to company in Morris County, NJ, for all your home solar needs. We look forward to hearing from you.

solar power

These days, it’s common to see solar panels around your neighborhood – on the roofs of houses and businesses and at malls and healthcare centers. But how much do you actually know about the history of this renewable energy technology? Here are some interesting facts about solar power, from your local specialists in residential solar in Morris County, NJ.

1. They Reduce Pollution: 

A home’s solar panel system can reduce pollution by 100 tons of carbon dioxide emissions over its lifetime. This includes mitigating the only pollution associated with this system – the greenhouse gasses emitted during production.

2. Solar Panels Keep Dropping in Price:

Despite the technology behind these panels continually becoming more and more advanced, solar panels and residential solar systems have dropped significantly in the last 10 years. And, they are predicted to continue falling in price. In fact, solar panels themselves have dropped 80% in price alone! This is because the demand for this tech is growing in popularity, so it’s more affordable for companies to produce more panels. It’s also one of the reasons why there are so many affordable ways to install solar in your home.

3. Solar Power Is Free Power: 

Once you’ve purchased your home solar system, you don’t have any more energy bills to pay. That’s because, unlike other natural fuel sources like gas, nuclear, and coal, sunshine is free and accessible. There’s no additional processes, infrastructure or transport that has to be managed. And because the sun will be here longer than even we will, you never have to worry about running out of this resource. With solar, you can say goodbye to worries about power costs in Morris County, NJ.

4. New Jersey Will Pay YOU for Energy: 

The State of New Jersey is pushing the transformation to renewable energy and away from costly, polluting and limited coal-based energy. To do this, they’re actively incentivizing households to invest in solar systems. One of the ways they’re doing this is through the SRECs program, where you can sell your excess solar energy to supply the grid. That way, you pay off your solar system faster, earn more once it’s paid off, and help other people on the grid benefit from renewable energy. 

5. Solar Is One of the Fastest-Growing Industries in the USA: 

While many industries are struggling, solar is adding new jobs every day, from researchers working on more efficient technology and applications for solar technology (NASA is working on a solar-powered aircraft!) to the companies that are installing, maintaining and supplying solar systems. In 2016, there were around 260,000 people working in the industry – by 2021, there will be more than 360,000.

Find Out How Solar Can Be Your Solution to High Power Cost in Morris County, NJ 

At Greenhouse Solar, we offer the latest in powerful, reliable, and affordable residential solar in Morris County, NJ. As a small local company dedicated to great customer service, our fully-certified and experienced team is ready to design, install, and maintain your solar system, ensuring you get all the benefits of clean and affordable energy. Our work is ethical, honest, and professional, and we help you save by avoiding the massive cost overhead of working with big-box solar electric companies. We are an authorized dealer of SunPower solar systems, the same solar cells that NASA uses to power the GROVER Project. 

To find out more about residential solar in Morris County NJ, please contact us today or visit our website at https://greenhouse.solar/ 

One of the most commonly asked questions about home solar systems is whether or not they’ll work through winter. Here are some answers from the specialists in residential solar in Morris County, NJ:

  • Solar Panels Love Daylight, Not Heat 

Solar panels work by harnessing sunlight through photovoltaic cells, converting the sun’s rays into electricity. This means that sunny days are better than hot days – and there are quite a few of those in winter. In fact, the reflection from snow and ice as well as gusty winds along with the cold temperatures can improve solar performance, so they’ll keep producing energy to power your home.

  • Sunlight Statistics for New Jersey 

New Jersey is a fairly sunny state, ranking 37th out of 50 for sunny weather with an average of 2,500 hours of sunlight per year. In summer, there are around 4.76 peak sun hours per day and, in winter, this falls a little to 3.2 peak sunlight hours. These are the hours where your panels will be producing the most amount of energy.

  • Staying on Solar Through Winter in NJ 

There’s plenty of sun in the Garden State throughout the winter months to help you stay on solar power and reduce home power cost in Morris County, NJ, but this will typically differ between home solar systems based on two factors:

  1. The Quality of Your Solar Panels

High-quality solar panels like SunPower are very efficient. This means that they produce much more energy from sunlight than low-quality panels, so they work well even on low light days. Your solar panels should be designed and tested to handle the New Jersey weather, including snow, hail, winds, and rain.

  1. Your Solar Panel Installation

The number of solar panels you have, how they are positioned on your roof, and whether or not you have buildings or trees shading the roof will make a big impact on your home’s ability to generate solar power. It’s best to call in experienced local solar specialists to ensure that your installation is designed to be as effective as possible.

If you’re worried that your solar system won’t handle the additional energy needs of winter, solar installation specialists can assist you by installing a battery back-up system. This will store the energy produced by your panels on sunny days for use on cloudy or low-light days.

Reduce Your Home’s Power Cost in Morris County, NJ, This Winter with Solar Power 

Greenhouse Solar is one of the leading solar companies in Morris County, NJ. We are Sonnen Certified, and our experienced teams are ready to answer all your questions about home solar systems and solar battery backup systems. We are here to help design, install, and maintain your solar system, completely customized to your needs and budget. To find out more about solar backup systems and residential solar in Morris County NJ, our company or services, please contact us today or visit our website at https://greenhouse.solar/.

Solar Power for Home - Green House Solar

Solar panels are one of the most popular home improvement projects in the USA and around the world. Here are some of the pros and cons to help you decide if choosing residential solar for your Morris County, NJ home is the right choice for you.

The Pros of Residential Solar 

  • Reduce or even eliminate your home energy bills: Installing a solar power system in your home allows you to generate free energy from the sun, which reduces or even cuts out the cost of using energy from the national grid. Power costs in Morris County, NJ and around the USA is on the rise, so you can take steps to eliminate this financial pressure. These systems can last 30 years, and the longer you have them, the greater your return on your original investment, so the benefits are considerable over the long-term.
  • Your home’s value increases: Solar panels are a big draw for buyers, especially for people who want the benefits of being off the grid but are unsure about undergoing the installation process themselves. This makes your home more attractive to the market, increasing its value and attracting plenty of buyers.
  • You can pay back your investment as you save: Solar panels are fairly expensive, but you can pay back this investment with the savings you gain from your access to free power. In addition, you can sell additional power generated by your system back to the national grid through solar renewable energy credits (SRECs) and net metering, earning you additional income to offset the cost or to use as you wish.
  • Help reduce dependence on fossil fuels: Changing your home to solar energy means accessing a free, renewable and eco-friendly energy supply. It’s a meaningful and cost-effective way to live a more sustainable lifestyle and help the USA move away from our dependency on limited fossil fuels.

The Cons of Residential Solar 

  • The initial investment can be significant depending on how you finance:. While purchasing your panels outright can require some investment, it also yields the quickest payback through energy savings. But the amazing thing about solar installation through our partner SunPower, is that you can get solar installed for zero dollars up front. For most homes that means you can make the loan payments out of the energy savings you achieve. Then in 5-7 years, the rest is money in your pocket, instead of the utility company.
  • It’s not ideal if you are planning to move soon: On average, it takes 5-7 years before you’ll start seeing profit from your solar system, so it’s not always the best investment if you are planning to move in the near future. However, it does increase the value of your home, so it’s often possible to balance out this investment against a higher sale value.
  • It takes research to find a good solar company: As with any professional home improvement project, it’s essential to find someone who has the training, experience and certifications to deliver a quality system. This will take some research and means getting to know the different terms and tech, but it’s worth it when you see the results.

Partner with a Certified Solar Company and Reduce Your Power Cost in Morris County, NJ 

Greenhouse Solar is one of the leading solar companies specializing in residential solar in Morris County, NJ. We are Sonnen Certified, and our experienced teams are ready to answer all your questions about home solar systems and solar battery backup systems. Best of all, we partner with SunPower, who offer a lifetime guarantee on all solar installations of their panels, regardless of who installed them or when they were installed.

Frank and his team at Greenhouse Solar are here to help design, install and maintain your solar system, completely customized to your needs and budget. To find out more about residential solar in Morris County NJ, our company or services, please contact us today or visit our website at https://greenhouse.solar/

Solar Power for Home - Green House Solar

Solar power systems aren’t just great for the environment and for saving on your energy bills, they also offer big tax incentives and a healthy SREC market if you live in NJ. In fact, our state offers some of the best solar incentives in the country! Here are the NJ solar rebates and incentives for 2019.

  • Solar sales tax exemption: You are 100% exempt from any sales tax when purchasing your home solar system, a 7% savings on all your solar equipment.
  • Property tax exemption: Home solar systems are in high demand, and many homeowners invest in these systems in order to add value to their home and achieve a more attractive sales price. Fortunately, NJ residents investing in home solar systems do not have to pay any additional property tax on the value that system adds to your home.
  • Federal solar tax credit: You are also subject to the federal investment tax credit, reducing the cost of your home solar system by 30% when buying it outright.
  • NJ net metering: Through this program, you can sell any additional energy your home generates back into the grid at the retail rate. This is fairly profitable, as the retail rate is higher than the bulk rate utilities receive their electricity at and means that you never waste energy.
  • Solar Renewable Energy Certificates (SRECs): Each time your solar system produces one megawatt-hour of energy, you earn one SREC. These SRECs can then be sold on to utilities who use them to meet NJ Renewable Portfolio Standards. The price of these SRECs changes according to supply and demand and has ranged between $165 and $262 over the last few years.

Want to Reduce Power Cost in Morris County NJ? Contact Our Home Solar Team Today 

Greenhouse Solar is one of the leading solar companies in Morris County, NJ. We are Sonnen Certified, and our experienced teams are ready to answer all your questions about home solar systems and solar battery backup systems. We are here to help design, install and maintain your solar system, completely customized to your needs and budget. To find out more about home solar in Morris County NJ, our company or services, please contact us today or visit our website at https://greenhouse.solar/