12 Best Solar Companies in Audubon, NJ (Oct 2022 Review)

The Cost and Benefits of Solar in Audubon

We get that for most homeowners, the choice to invest in solar highly depends on installation costs. Some main factors that affect the cost of installing a solar panel system on your home and how much money you could save over time are:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $15,000 over 20 years with your solar system, too.
• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Your home's orientation toward the sun: This, along with how your roof is set up, affects affect how much power your solar panels can produce.
• Your home's power bills: Based on the high monthly electric bills in Audubon, you could save about $710 a year with solar.

Solar is a fruitful investment for most homeowners. You can produce your own electricity instead of paying for it from the grid and benefit from solar incentives, all while helping the planet.

Solar Incentives in Audubon

One of the great things about installing a solar panel system is earning incentives from the government. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also possibly stack the ITC with other state and city rebates and benefits. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Audubon

Many want to do what they can for the planet, which for many is the prime reason for installing a solar system. But you may be curious — how much exactly can you help the environment by using solar power? In a place like Audubon where commute times can be pretty long, installing solar panels can help help reduce the carbon footprint of being on the road a lot. When you go solar, your carbon footprint can be cut by about 60 pounds every year. As you can see, trading traditional energy for solar has so many other perks besides saving money. One of the main ones is that you can help save the Earth too.