16 Best Solar Companies in Avenel, NJ (Sep 2022 Review)

The Cost and Benefits of Solar in Avenel

We know that for lots of homeowners, the choice to invest in solar depends on installation costs. The overall price and potential savings vary depending on some key factors such as:

• Your city: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• Your home's power bills: Due to high monthly energy bills in Avenel, you could save about $710 a year with solar.
• Your energy consumption: If your household needs to use a lot of energy, you'll reap more rewards from going solar.
• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can benefit from. In addition, you can save about $14,000 over 20 years on your utility bills, not including incentives.

As a result of solar panels decreasing in cost as well as various solar incentives, they are a solid investment for the majority of homeowners.

Solar Incentives in Avenel

In order to increase the number of homes and businesses that use solar power, federal and local governments — and even some utility companies — offer incentives to help make switching to solar power more economically viable and accessible. These incentives usually consist of cash rebates, tax breaks and/or performance-based incentives. They can cut how much you end up spending on going solar by 26 to 50% in some cases. In the table below, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Avenel

If you're thinking of adding solar panels to your home, one of the main reasons why may be to reduce your reliance on nonrenewable energy. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Avenel, though. The average person has a sizable carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions each year, and electricity for their home, it can be overwhelming to figure out what to do. Using solar power is a simple thing you can do to help. After you go solar, your carbon footprint can be reduced by about 60 pounds every year. As you can see, going solar has so many other rewards outside of saving money. One of the most important ones is that you can help save the environment too.