12 Best Solar Companies in Kearny, NJ (Sep 2022 Review)

The Cost and Benefits of Solar in Kearny

For many people considering switching to solar, the decision of which solar installer to hire comes down to how much it'll cost. There are a few factors you should take into consideration when trying to determine costs and your potential savings, including:

• System size and type: Some models are more expensive than others, so the one you want can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• Your location: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• How much you spend on energy: If your local power rates are high, there's a good chance you'll end up with a higher return on your investment in solar panels. In Kearny, you can save an average of $60 a month on your electricity bills.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $15,000 over 20 years on your energy bills.

There are many great benefits of solar in spite of the upfront cost of installation. It can help the Earth and your wallet. Additionally, it can boost the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in Kearny

If you're planning on making the switch to solar energy, various government incentives and subsidies can drastically reduce your project costs and expedite the return on your investment. When you install a solar panel system, you can claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Plus, there may often be some regional incentives that you can benefit from to further cut back on the cost of solar of solar panels. In the table below, you can find out about the incentives you qualify for in Kearny.

Environmental Impact of Switching to Solar in Kearny

If you're considering adding solar panels to your home, one of the major reasons why may be to reduce your greenhouse gas emissions. You may be curious — how much does going solar help the planet anyway? One thing to keep in mind is your overall carbon footprint. For example, if you spend a lot of time in the car and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. Even though making solar panels releases carbon dioxide emissions, the panels make up for it by greatly decreasing the amount of CO2 you would have produced if you still used traditional energy. In Kearny, you can reduce your carbon footprint by 60 pounds a year with solar panels. For those who want to help the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.