16 Best Solar Companies in Plumsted, NJ (2023 Reviews)

The Cost and Benefits of Solar in Plumsted

We get that for many homeowners, the choice to invest in solar highly depends on installation costs. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Incentives: Tax-paying citizens who buy and install a solar energy system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $14,000 on your utility bills over 20 years not including incentives.
• The amount of sunlight your roof gets: Due to Plumsted's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.
• System size and type: Some models are more expensive than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• How much you spend on energy: The average family in Plumsted spends around $650 a year on home energy use alone, so you could end up with that much in savings.

So is a solar system worth it? Whether you'd like to lower your electricity costs, carbon emissions or both, solar panels are a worthwhile investment for many Plumsted homeowners.

Solar Incentives in Plumsted

Since solar power is more sustainable than fossil fuels, there are various government incentives available to encourage people to make the switch. When you install a solar panel system on your house, you can claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some regional incentives that you can use to further cut back on the cost of solar of solar panels. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Plumsted

One of the most compelling reasons to embrace solar energy is to reduce your reliance on nonrenewable energy sources like burning fossil fuels, which are hazardous for the environment. But how much can switching to solar actually affect the environment? The average person has a rather large carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions a year, and electricity for their home, it can be overwhelming to think about what to do. Using solar power is a practical thing you can do to help. Because solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good trade for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 60 pounds each year. As you can see, using solar power has so many other benefits besides saving money. One of the main ones is that you can help save the planet too.