12 Best Solar Companies in Clayton, NJ (Sep 2022 Review)

The Cost and Benefits of Solar in Clayton

When choosing a solar company, most homeowners or business owners think about the costs above all. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Electricity consumption: The average household in Clayton doesn't use much energy, and as a result may not see as many savings on their power bills.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 30% of the cost of your solar system installation from your taxes. Additionally, not including incentives, you can save about $19,000 over 20 years on your energy bills.
• The type of solar panels you want: More efficient models have higher prices, so that will determine your budget for your solar project.
• Your energy bills: This will impact how much you can save. In Clayton, the average homeowner can save about $910 a year on their electricity bills.

Because of solar panels decreasing in cost as well as several solar incentives, they are a cost-effective investment for the majority of homeowners.

Solar Incentives in Clayton

One of the great things about installing a solar panel system is earning federal and potentially state incentives. There are several federal, state and local rebates and tax credits that earn a decent amount of money back after installing a solar panel system. The table below shows you the incentives you can benefit from in Clayton.

Environmental Impact of Switching to Solar in Clayton

There are a few key reasons why people are interested in solar energy: for the good of their bank accounts and the planet. But — how much exactly can you help by using solar power? The average person has a rather large carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions every year, and energy for their home, it can be overwhelming to figure out what to do. Using solar power is one of the easiest things you can do to help. Even though solar panel production emits carbon dioxide, the panels make up for it by considerably reducing the amount of CO2 you would have produced if you still used nonrenewable energy. In Clayton, you can reduce your carbon footprint by 60 pounds a year with solar panels. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.