14 Best Solar Companies in Keansburg, NJ (Oct 2022 Review)

The Cost and Benefits of Solar in Keansburg

While solar panels can help save you money on utility bills over time, it's necessary to take into consideration the startup costs. There are quite a few factors you should consider when trying to determine costs and your potential savings, such as:

• How much energy your household consumes: Households that consume a lot of power each month may require more solar panels and, as a result, be more expensive, but will also enjoy more savings over time.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of your solar system installation from your federal taxes. In addition, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• The amount of sunlight your roof gets: This, and the configuration of your roof, affects affect how much electricity your solar panels can produce.
• Choice of solar panels: The type of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.

Though a solar panel system costs a good 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 a number of factors, like the size of your house and incentives.

Solar Incentives in Keansburg

If you're considering switching to solar energy, a number of government incentives and solar rebates can dramatically reduce the installation costs and expedite the return on your investment. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much your solar project cost on your tax return, reducing the amount of taxes you owe that year. In addition, there may be some local incentives you can benefit from too. You can learn about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Keansburg

Installing solar panels is a compelling way to do your part for a more sustainable future. Something many might have in mind is how much can they really help save the environment by switching to solar power anyway? The average person has a considerable carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions each year, and electricity for their home, it can be overwhelming to think about what to do. Installing solar panels is a simple thing you can do to help. In fact, if you install solar panels, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. The great things about solar power are plentiful — just like solar power is! That's why so many people have been happy with making the switch to solar.