18 Best Solar Companies in Point Pleasant Beach, NJ (Aug 2022 Review)

The Cost and Benefits of Solar in Point Pleasant Beach

We get that for many homeowners, the choice to invest in solar comes down to installation costs. The cost and possible savings vary depending on some key factors such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 26% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $14,000 over the first 20 years with your system, too.
• How much you spend on energy: The typical household in Point Pleasant Beach pays around $650 a year on energy use alone, so you could be looking at that much in savings.
• Electricity consumption: The average household in Point Pleasant Beach doesn't use much energy, and consequently may not see as many savings on their power bills.
• The kind of solar panels you're planning on getting: More efficient panels are more costly, so that will affect your budget for your solar project.

Solar is a worthwhile investment for most homeowners. You can make your own energy instead of paying for it from the grid and make use of solar tax credits and rebates, all while helping protect the Earth.

Solar Incentives in Point Pleasant Beach

If you're considering making the switch to solar energy, a variety of government incentives and solar rebates can immensely reduce your project costs and speed up the return on your investment. These incentives usually consist of cash rebates, tax credits and/or performance-based incentives. They can reduce the cost you pay for installing solar panels by 26 to 50% in some cases. In the table below, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Point Pleasant Beach

A lot of people want to do their part to help protect the planet, which in many cases is the main motivation to install a solar system. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Point Pleasant Beach, though. One thing you should consider is your overall carbon footprint. For example, if you have a long commute time and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. In Point Pleasant Beach, the average resident can lower their carbon footprint by 60 pounds a year after going solar. As you can see, going solar has so many other perks beyond saving money. One of the most important ones is that you can help save the environment too.