17 Best Solar Companies in Bayonne, NJ (Dec 2022 Review)

The Cost and Benefits of Solar in Bayonne

When deciding on a solar company, most homeowners or business owners wonder about the costs above all. There are several factors you should consider when trying to figure out how much it will cost and how much you can save, such as:

• average energy usage: The more energy your home uses on average and the larger your current energy bills are, the more likely you'll benefit from making the switch to solar.
• Your city: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• The model of solar panels you can purchase: This is dependent on what your budget is.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of installing your solar panel system from your taxes. Plus, not including incentives, you can save about $15,000 over 20 years on your energy bills.

Thanks to solar panels decreasing in cost as well as local and federal solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Bayonne

To increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make going solar more economically viable and accessible. These incentives typically include cash rebates, tax credits and/or performance-based incentives. They can lower the cost of installing solar panels by 30%, upwards of 50% depending on where you live. In our article on solar incentives, you can find out about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Bayonne

One of the reasons so many homeowners are thinking of adopting solar energy is to help reduce their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Bayonne, though. The more power your household uses, the the more the environment will benefit if you switch to solar as you won't have to burn as many fossil fuels. In Bayonne, the average person can reduce their carbon footprint by 60 pounds a year once they go solar. For people who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.