12 Best Solar Companies in South Amboy, NJ (Mar 2023 Review)

The Cost and Benefits of Solar in South Amboy

For many people, the decision of which solar installer to go with comes down to total costs. A few important factors that affect how much it will cost to install solar panels on your home and how much it could save you over time are:

• The model of solar panels you're planning on getting: Higher-efficiency panels cost more, so that will shape your budget for your solar project.
• The amount of sunlight your home gets: Because of South Amboy's high amount of average daily sunlight, you should be able to save a decent amount on your power bills.
• Electricity consumption: The average home in South Amboy doesn't use much energy, and therefore may not see as many savings on their power bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $13,000 over the first 20 years with your system, too.

Due to the cost of solar panels being lower than before as well as various solar incentives, they are a sound investment for the majority of homeowners.

Solar Incentives in South Amboy

To increase solar panel installation and usage, federal, state and local governments — and even some utility companies — offer incentives to help make switching to solar power more economical and accessible. When you install solar panels, you can take advatage of the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Plus, there are often some state and city incentives that you can benefit from to further cut back on the cost of solar of solar panels. In our article on solar incentives, you can read about the incentives you qualify for in South Amboy.

Environmental Impact of Switching to Solar in South Amboy

There are lots of reasons to trade traditional energy for solar energy, like saving some money on electricity 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 South Amboy, though. One thing that can dramatically shape your carbon footprint is how long your commute is and how much you drive generally. If you switch to solar power and drive an electric car, you can vastly reduce your carbon dioxide emissions by charging your car at home. After you go solar, your carbon emissions can be cut by about 60 pounds every year. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.