12 Best Solar Companies in Union Beach, NJ (Oct 2022 Review)

The Cost and Benefits of Solar in Union Beach

While solar panels can help save you a good amount of money on energy bills over time, it's important to know the upfront costs. Some key things that impact how much it will cost and how much you could save include:

• The type and model of solar panels you're planning on getting: More efficient panels are more expensive, so that will shape your budget for your solar project.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of installing your solar panel system from your taxes. Additionally, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• Average daily sunlight: Since Union Beach gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much your electricity bills will be.
• Your power bills: This will influence how much you can save. In Union Beach, the average resident can save about $650 a year on their electricity bills.

There are several good benefits of solar despite the initial cost of installation. It can help the planet and your wallet. In addition, it can boost the value of your home, leading to even more benefits if you decide to sell your home later.

Solar Incentives in Union Beach

In order to increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make switching to solar power more affordable and accessible. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much you paid for your solar installation when you file taxes, reducing the amount of taxes you owe that year. Additionally, there may be some local incentives you can benefit from too. You can find out about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Union Beach

If you're planning on adding solar panels to your home, one of the primary reasons why may be to reduce your carbon footprint. You may be trying to figure out — how much do solar panels do for the planet anyway? In a place like Union Beach where commute times can be very long, going solar can help help reduce the carbon footprint of driving a lot. After you go solar, your carbon dioxide emissions can be lowered by about 60 pounds a year. If you want to do what you can for the environment, you'll most likely find that there are many advantages to adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is more valuable.