18 Best Solar Companies in Belmar, NJ (Feb 2023 Review)

The Cost and Benefits of Solar in Belmar

For many people considering switching to solar, the decision of which solar installer to hire comes down to pricing. Some key things that influence the cost and possible savings include:

• Your energy bills: This will dictate how much you can save. In Belmar, the average homeowner can save about $650 a year on their electricity bills.
• Your city: This affects how much sunlight your roof receives, which helps determine how many panels you need.
• The model of solar panels you're thinking of getting: Higher-efficiency panels are more costly, so that will affect your budget for your solar project.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your state or 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 $14,000 over the first 20 years with your solar system, too.

Due to the cost of solar panels being lower than before as well as several solar incentives, they are a cost-effective investment for the majority of homeowners.

Solar Incentives in Belmar

There are several reasons why going solar is a great investment. One of them involves some government incentives that can help save you some money. On top of the federal tax credit incentive, there are also some local benefits, which in almost all cases, can be claimed in addition to the federal incentive, so you get to save even more. For more information about incentives for homeowners in Belmar, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Belmar

There are tons of reasons to trade traditional energy for solar energy, like saving some money on utility bills and helping to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Belmar, though. The average person has a considerable carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions a year, and electricity for their home, it can be overwhelming to think about what to do. Going solar is a simple thing you can do to help. In Belmar, the average homeowner can lower their carbon footprint by 60 pounds a year once they go solar. Since energy from the sun is plentiful and generates electricity without free from carbon dioxide emissions, making the switch to solar power is one easy step you can take to help protect the environment.