15 Best Solar Companies in Holmdel, NJ (Feb 2023 Review)

The Cost and Benefits of Solar in Holmdel

When choosing a solar company, most homeowners or business owners think about the costs the most. The cost and possible savings vary depending on some important factors such as:

• The amount of sunlight your home gets: Because of Holmdel's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.
• Your income and budget: This affects what kind of solar panels you can get.
• 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 will help you save even more. Aside from incentives, you can save an average of $14,000 over 20 years with your solar system, too.
• The cost of energy for you: If your local power rates are high, there's a good chance you'll see a higher return on your investment in solar panels. In Holmdel, you can save an average of $54 a month on your electricity bills.

So are solar panels worth it? Whether you want to decrease your energy bills, carbon emissions or both, solar panels are a great investment for many Holmdel homeowners.

Solar Incentives in Holmdel

There are several reasons why going solar is a great investment. One of them includes some government incentives you can take advantage of. When you install a solar panel system on your house, you can claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. In addition, there may often be some regional incentives that you can use to further save. In our article on solar incentives, you can see the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Holmdel

An important reason so many homeowners are thinking of adopting solar energy is to help reduce their environmental impact. You may be trying to figure out — how much does going solar do for the planet anyway? The average person has a sizable carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions each year, and powering their home, it can be overwhelming to figure out what to do. Going solar is a simple thing you can do to help. In Holmdel, the average household can reduce their carbon footprint by 60 pounds a year once they go solar. The perks of solar power are plentiful — just like solar power is! That's why so many Holmdel residents have been happy with committing to solar.