11 Best Solar Companies in South Bound Brook, NJ (Oct 2022 Review)

The Cost and Benefits of Solar in South Bound Brook

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you must first pay to install your system. Some significant things that impact how much it will cost and how much you could save include:

• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. Plus, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• The cost of energy for you: If your local energy rates are high, there's a good chance you'll have a higher return on your investment in a solar system. In South Bound Brook, you can save an average of $60 a month on your electricity bills.
• Your home's orientation toward the sun: This, and how your roof is set up, affects affect how much energy your solar panels can make.
• Choice of solar panels: The kind of solar panels you want will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.

So are solar panels worth it? Whether you're trying to lower your energy bills, carbon emissions or both, solar panels are a solid investment for many South Bound Brook homeowners.

Solar Incentives in South Bound Brook

Since solar power is better for the environment than burning fossil fuels, there are some government incentives available to encourage its adoption. 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 your project costs 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. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in South Bound Brook

Replacing nonrenewable energy with solar power is a compelling way to do your part for a more environmentally-friendly future. But how much can using solar energy instead of traditional energy actually affect the environment? A significant thing to be mindful of is your overall carbon footprint. For example, if you spend a lot of time driving to work, your footprint may be greater, so adopting solar energy for your house can help offset that. In South Bound Brook, the average resident can reduce their carbon footprint by 60 pounds a year after going solar. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.