16 Best Solar Companies in Hainesport, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Hainesport

We understand that for lots of homeowners, the decision to invest in solar hinges on installation costs. There are a few factors you should consider when trying to determine how much it will cost and how much you can save, including:

• The kind of solar panels you can buy: This depends on your income and budget.
• Your city: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state may also have various incentives that you can take advantage of. In addition, you can save about $15,000 over 20 years on your utility bills, before factoring in incentives.
• Your power bills: This will impact how much money you might save. In Hainesport, the average homeowner can save about $710 a year on their electricity bills.

Although a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on several factors, such as the size of your solar panel system and your energy consumption.

Solar Incentives in Hainesport

In an effort to increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make switching to solar power 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 pair the ITC with other state and city rebates and benefits. For detailed information about incentives for homeowners in Hainesport, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Hainesport

There are a few main reasons why many people are considering solar energy: for the good of their bank accounts and the planet. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Hainesport, though. A key thing to keep in mind is your overall carbon footprint. For example, if your commute is very long, your footprint may be bigger, so switching to solar power for your home can help offset that. In fact, if you make the switch to solar power, you could reduce your carbon dioxide emissions by about 60 pounds each year. Since solar energy is renewable and produces electricity without releasing carbon emissions, adding solar panels to your home is one easy step you can take to help preserve the planet.