12 Best Solar Companies in Hampton, NJ (Feb 2023 Review)

The Cost and Benefits of Solar in Hampton

For many readers, the decision of which solar installer to choose comes down to total costs. Some key things that affect the cost and possible savings include:

• Electricity consumption: The average household in Hampton doesn't use much energy, and therefore may not see as many savings on their power bills.
• The kind of solar panels you want: More efficient panels are more costly, so that will shape your budget for your solar project.
• The cost of electricity in your area: If your local power rates are high, there's a better chance you'll get a higher return on your investment in a solar system. In Hampton, you can save an average of $58 a month on your electricity bills.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $14,000 on your utility bills over 20 years excluding incentives.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on a number of factors, such as the angle of your roof and your energy consumption.

Solar Incentives in Hampton

In an effort to increase the adoption of solar power, federal, state and local governments — and even some utility companies — offer incentives to help make going solar more affordable and accessible. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially pair the ITC with other state and city rebates and benefits. For detailed information about incentives for homeowners in Hampton, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Hampton

Making the switch to solar power is a good way to do what you can for a greener future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Hampton, though. In a city like Hampton where energy use is somewhat high, installing solar panels is a good idea for homeowners who want to do their part for the environment. After you go solar, your carbon emissions can be reduced by about 50 pounds a year. If you want to do what you can for the environment, you'll most likely understand that there are many advantages to adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is worth more.