13 Best Solar Companies in Oakhurst, NJ (Sep 2022 Review)

The Cost and Benefits of Solar in Oakhurst

We know that for most homeowners, the decision to invest in solar comes down to installation costs. The installation cost is just one important factor you should consider when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• 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 save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• Energy consumption: Installing a solar system may be too pricey an option for homes that don't need a lot of energy per month.
• Your city: This influences how much sunlight your roof gets, which helps determine how many panels you need.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% 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 $14,000 over the first 20 years with your solar system, too.

So is a solar panel system worth it? Whether you hope to decrease your electric bills, carbon emissions or both, solar panels are a worthwhile investment for many Oakhurst homeowners.

Solar Incentives in Oakhurst

If you're planning on making the switch to solar power, various government incentives and state programs can greatly reduce your project costs and speed up the return on your investment. These incentives mostly include cash rebates, tax breaks and/or solar renewable energy credits. They can lower the cost of installing solar panels by 26 to 50% in some cases. For comprehensive information about local incentives, check out the table below.

Environmental Impact of Switching to Solar in Oakhurst

There are many reasons to trade traditional energy for solar energy, like saving on utility bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Oakhurst, though. If your home consumes lots of energy, you can impact the environment even more by switching to solar power. In Oakhurst, the average resident can reduce their carbon footprint by 60 pounds a year after going solar. As you can see, trading traditional energy for solar has so many other rewards outside of saving money. One of the most important ones is that you can help save the environment too.