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By Solar Expert

May 13, 2024

Top 5 Reasons to Go Solar in Lakewood, New Jersey

house in new jersey with solar panels on it


You Should Install Solar Panels in Lakewood

Switching to solar energy is becoming a popular choice for many homeowners and businesses in Lakewood, New Jersey. With rising energy costs and the growing availability of solar technology, there's never been a better time to consider making the switch. Here are the top five reasons why going solar in Lakewood is a smart move.

1. Save Money on Your Energy Bills

One of the biggest reasons people choose to go solar is the potential for significant savings on energy bills. In Lakewood, where electricity rates can be high, installing solar panels can help you cut down on those monthly costs.

Lower Monthly Bills

By generating your own electricity, you can reduce or even eliminate your dependence on the grid. This means lower monthly bills and more money in your pocket. Many Lakewood residents see a noticeable decrease in their electricity costs soon after installing solar panels.

Great Return on Investment

While there's an upfront cost to installing solar panels, the long-term savings make it a worthwhile investment. With various financing options available, such as solar loans and leases, it's easier than ever to get started. Plus, federal and state incentives like the Solar Investment Tax Credit (ITC) and New Jersey's Solar Renewable Energy Certificates (SRECs) can help offset the initial costs, making your return on investment even better.

2. Energy Independence and Reliability

Solar energy provides homeowners and businesses with a greater sense of energy independence and reliability.

Less Reliance on the Grid

With solar panels, you can produce your own electricity, reducing your reliance on the grid. This means you're less affected by power outages or fluctuations in energy prices. For businesses, this reliability can be crucial, ensuring operations continue smoothly without interruptions.

Stable Energy Costs

By generating your own power, you protect yourself from the rising costs of electricity. Energy prices can be unpredictable, but with solar, you have a more predictable and stable energy cost, giving you better control over your budget.

3. Increase Your Property Value

Installing solar panels can also boost the value of your property. Homes and businesses with solar installations are often more attractive to potential buyers.

Higher Resale Value

Studies have shown that properties with solar panels tend to sell faster and at a higher price than those without. Potential buyers are drawn to the idea of lower energy bills and the added benefit of having a solar system already in place.

Attractive Market Feature

In a competitive real estate market, having solar panels can set your property apart from the rest. As more people become aware of the benefits of solar energy, properties with solar installations are becoming increasingly desirable.

4. Support Local Economy and Job Growth

Choosing to go solar in Lakewood also means you're supporting the local economy and contributing to job growth in your community.

Support Local Businesses

When you work with a local solar company in Lakewood, you're supporting businesses within your community. These companies provide jobs and contribute to the local economy, helping to foster growth and development in the area.

Create Jobs

The solar industry is a significant source of employment, offering jobs in installation, maintenance, sales, and manufacturing. By investing in solar energy, you're helping to create and sustain jobs in the renewable energy sector, boosting the local job market and supporting economic growth.

5. Take Advantage of Incentives and Rebates

There are numerous incentives and rebates available to Lakewood residents who choose to go solar, making it an even more attractive option.

Federal and State Incentives

The Solar Investment Tax Credit (ITC) allows you to deduct a significant portion of the cost of installing a solar energy system from your federal taxes. Additionally, New Jersey offers Solar Renewable Energy Certificates (SRECs), which can help you earn money for the clean energy your system produces.

SuSI Credits

In New Jersey, the Solar Successor Incentive (SuSI) Program offers additional financial benefits for solar energy producers. SuSI credits are designed to replace the former SREC program, providing ongoing incentives to help you get the most out of your solar investment.

Switching to solar energy in Lakewood, NJ, offers numerous advantages. From saving money on energy bills and increasing property value to supporting the local economy and taking advantage of various incentives, the benefits are clear. With a reliable solar company in Lakewood, making the transition to solar energy can be a smooth and rewarding process. Enjoy the financial benefits, energy independence, and local support that come with harnessing the power of the sun.

Why our clients feel we’re a ray of sunshine

  • "Extraordinary"

    Powerlution is a professional company!!! They guided me from beginning to end ... I cant believe that its already 18 months since installation of my solar system and they are still available with any help or questions and concerns I have... I would definitely recommend powerlution... They are.... Professional, Helpful, Prompt, Reliable, Responsible, Honest

    – Fried Z.
  • "Extraordinary"

    Powerlution is a professional company!!! They guided me from beginning to end ... I cant believe that its already 18 months since installation of my solar system and they are still available with any help or questions and concerns I have... I would definitely recommend powerlution... They are.... Professional, Helpful, Prompt, Reliable, Responsible, Honest

    – Fried Z.

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