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Does Installing Your New Jersey Solar Panels By Yourself Actually Save Money?

Making the switch to solar power is exciting. With its increasing popularity and affordability, it’s hard to come up with reasons not to make the switch. One of the most common reasons for people setting aside their solar goals is because they think it’s too expensive.

At Green Power Energy, we understand and appreciate the fact that customers try to save as much money as they can – we actually encourage that. However, when personal safety and performance of your solar system are at risk, we encourage you to trust the professionals.

First, we’ll discuss the intricacies that suggest that in most cases installing your own system may not be practical. After that, we’ll outline exactly what you could save in New Jersey by working with professionals.

Risk and Cost of Installing Your Own Panels

First and foremost, your safety will be at risk. At Green Power Energy, we regularly conduct safety training because of the inherent risk of rooftop construction and electrical work.

For anyone experienced in the construction industry, you’re well-aware that state and federal regulations can be tricky to navigate. Unfortunately, regulations can be broken even if you’re using the maximum amount of common sense and caution.

For example, one of our customers shared the story of their neighbor’s DIY solar project. Although the roof-mount and panels were installed securely and looked nice, he was unable to pass inspection. Why? He simply was unaware of a new regulation requiring 3’ setbacks on solar panels. Unfortunately, he had to reinstall his system three times before passing inspection.

Finally, solar installations typically require special tools and expertise. Rather than purchasing all of your own tools and researching for weeks, let us do that for you. Our team is composed of engineers who will be able to find the optimal angle and location for your panels. 

What You’ll Save By Trusting Professionals

In New Jersey, the price of electricity is an average of 13.23 cents per kilowatt-hours (kWh) – 2.63 cents above the national average of 10.6 cents/kWh. According to the US. Energy Information Administration (EIA), in 2017, the average annual electricity consumption for a U.S. residential home customer was 10,399 kWh, an average of 867 kWh per month.

Using the EIA’s average consumption numbers, the average electric bill in New Jersey is $1,357.79 annually, and $114.70 monthly. Compared to the national average of 10.6 cents/kWh ($1,102.29 annual, $91.90 month), New Jerseyans’ electric bills are significantly more expensive.

In addition, Google’s Project Sunroof allows users to enter their address and get an estimated saving over 20 years. In New Jersey, savings are approximately $20,000 over 20 years because of the high cost of electricity.

Choose Green Power Energy

If your primary concern is saving money, you’ll be happy to speak with one of our solar consultants and find out how affordable solar has become over the years. Green Power Energy’s solar upgrade comes with a 25-year warranty to ensure you’ll be able to save money for a very long time. If self-installed improperly, all of the savings we just discussed could be missed entirely.

Visit Green Power Energy today for more information.

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