11 Best Solar Companies in Iselin, NJ (Oct 2022 Review)

The Cost and Benefits of Solar in Iselin

Solar panels run off a free energy source — the sun — but before you can take advantage of this you first need to pay to install your panels. There are a few factors you should take into consideration when trying to determine costs and your potential savings, including:

• How much energy costs for you: The typical family in Iselin shells out around $710 a year on energy alone, so you could end up with that much in savings.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panel system won't be able to make as much energy, which will leave you with lower savings on energy bills than a roof that gets lots of sunlight.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $14,000 over 20 years with your system, too.
• Your income and budget: This affects what model of solar panels you can get.

Though a solar panel system costs a good chunk of money upfront, it can save you much more over time. The question of how much, though, depends on several factors, like the angle of your roof and your local electricity rates.

Solar Incentives in Iselin

Although installing solar panels is typically a big investment, it can save you a substantial amount of money over several years because of reduced energy bills and government incentives. When you install solar panels on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Additionally, there are often some local incentives that you can take advantage of to further cut back on the cost of solar of solar panels. In our article on solar incentives, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Iselin

Many want to do their part to help save the planet, which often is the prime reason for installing solar panels. But how much can switching to solar actually affect the environment? One thing to keep in mind is your overall carbon footprint. For example, if you spend a lot of time on the road and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. In Iselin, the average household can lower their carbon footprint by 60 pounds a year after going solar. The advantages of solar power are plentiful — just like solar power is! That's why so many Iselin residents have been happy with making the switch to solar.