13 Best Solar Companies in Carneys Point, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Carneys Point

We understand that for most homeowners, the choice to invest in solar hinges on installation costs. The overall price and potential savings vary depending on a few important factors such as:

• System size and type: Some models are more costly than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• How much energy you use: If your household regularly uses a lot of energy, you'll see more savings from switching to solar.
• Incentives: Something that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your utility bills, which can lead to an average of $19,000 of savings over 20 years.
• Your current power bills: Solar panels can greatly lower, or totally eliminate, your utility bills. In Carneys Point, you can save an average of $76 a month.

As a result of solar panels now being cheaper than ever as well as local and federal solar incentives, they are a sound investment for the majority of homeowners.

Solar Incentives in Carneys Point

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 solar more economical and accessible. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly use the ITC with other state and city rebates and benefits. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Carneys Point

Many want to do their part for the planet, which for many is the primary reason they're interested in installing solar panels. A question many might have in mind is how much can they really help save the environment by going solar anyway? If your family consumes lots of energy, you can impact the environment even more by switching to solar energy. Although solar panel production emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have produced if you still used traditional energy. In Carneys Point, you can reduce your carbon footprint by 60 pounds a year with solar panels. The benefits of solar power are infinite — just like solar power is! That's why so many people have been happy with making the switch to solar.