15 Best Solar Companies in Manchester, NJ (Aug 2022 Review)

The Cost and Benefits of Solar in Manchester

When picking a solar company, most homeowners or business owners worry about the costs above all. Some significant things that determine the cost and possible savings include:

• average energy usage: The more power your home consumes on average and the higher your current power bills are, the more likely you'll benefit from making the switch to solar.
• Your home's orientation toward the sun: This, and the configuration of your roof, affects affect how much energy your solar panels can make.
• The type of solar panel system you can afford: This is dependent on your income and budget.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 26% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $15,000 over 20 years with your solar system, too.

Because of the cost of solar panels being lower than before as well as local and federal solar incentives, they are a sound investment for most homeowners.

Solar Incentives in Manchester

To increase the number of homes and businesses that use solar power, federal, state and local governments — and even some utility companies — offer incentives to help make going solar more economical and accessible. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 26% of how much your solar project cost on your tax return, lowering the amount of taxes you owe that year. In addition, there may be some state and city incentives that can save you some extra money too. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Manchester

Many want to do their part for the planet, which for many is the main reason for installing solar panels. But you may be wondering — how much exactly can you help by going solar? One thing that can dramatically affect your carbon footprint is your commute time and how much you drive altogether. If you install solar panels and have an electric car, you can greatly cut back on your carbon dioxide emissions by charging your car at home. After you go solar, your carbon footprint can be cut by about 60 pounds each year. If you want to do what you can for the environment, you'll most likely get that there are many benefits of adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is worth more.