15 Best Solar Companies in Oceanport, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in Oceanport

For many homeowners, whether or not to invest in solar energy depends the most on the cost. There are quite a few factors you should take into consideration when trying to figure out the overall cost and how much you can save, such as:

• Typical energy usage: The more power your household uses on average and the greater your current power bills are, the more money you could save by switching to solar.
• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar system won't be able to make as much energy, which will give you lower savings on power bills than someone with a roof that gets plenty of sunlight.
• The model of solar panels you can buy: This depends on your income and budget.
• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state and city may also have various incentives that you can take advantage of. In addition, you can save about $14,000 over 20 years on your utility bills, before factoring in incentives.

So is installing solar panels worth it? Whether you're trying to lower your electric bills, carbon dioxide emissions or both, solar panels are a worthwhile investment for many Oceanport homeowners.

Solar Incentives in Oceanport

One of the good things about installing a solar panel system is receiving federal and potentially state incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much your solar project cost when you file taxes, reducing the amount of taxes you owe that year. In addition, there may be some local incentives that can save you some extra money too. For detailed information about incentives for homeowners in Oceanport, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Oceanport

Swapping traditional energy for solar is a profound way to do your part for a more eco-friendly future. You may be asking yourself — how much do solar panels help the environment anyway? One thing that can severely influence your carbon footprint is your commute time and how much you drive overall. 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. While making solar panels emits carbon dioxide, the panels make up for it by significantly lowering the amount of CO2 you would have released if you still used nonrenewable energy. In Oceanport, you can reduce your carbon footprint by 60 pounds a year with solar panels. Since energy from the sun is renewable and produces electricity without CO2 emissions, making the switch to solar power is one easy step you can take to help the planet.