Take Advantage of Local New Jersey Tax Incentives for Solar Panels
Find out exactly how much solar will save Secaucus, NJ homeowners
Use Solar Tax Credits to Go Solar for Less in Secaucus
Homeowners across New Jersey are scrambling to get their solar panels installed before the end of the year. The federal tax credit will drop from 26% after 2020, making now the best time to make the switch to solar. If you’re thinking about getting solar panels for your Secaucus home, we encourage you to consider installing your panels before these solar tax credits expire.
Momentum Solar is one of the leading solar installers in Secaucus. We are committed to helping our customers go solar while incentives are still available, allowing them to make the most of their investment. If you have not yet saved enough money to purchase solar panels, we can help you choose a solar financing option to take advantage of solar tax credits before they expire.
When Does the Federal Solar Tax Credit Expire?
Unfortunately, the government has announced that the federal tax credit will begin to phase out after 2020. The rate will gradually drop until 2021. In 2020, the value of the solar tax credit will be lowered to 26%, followed by 22% in 2021.
This announcement has prompted a flurry of solar panel installations in Secaucus, as homeowners seek to capitalize on the federal tax credit before it expires. At Momentum Solar, we are encouraging our customers to find a way to go solar sooner rather than later – the savings available through tax credits are an amazing opportunity for homeowners.
Solar Financing Options
Many of our customers tell us that they are planning to invest in solar in a few years, after they have saved enough money to pay for their solar panels. By this time, however, the federal solar tax credit will have expired and no sizeable cost reduction will be available. In order to take advantage of the solar tax credit, we have made solar loans available to our customers. Our loans offer competitive rates and terms and can be used to pay for a portion or all of the costs associated with your solar panels.
Most of our Secaucus customers find that their monthly loan repayment fee is lower than what they were previously paying for their electricity bill. This means that they are able to start saving with solar immediately, even taking the loan repayment into consideration.
Schedule Your Free Consultation Today
If you are dreaming of transitioning to clean, renewable solar energy then the time to act is now! Make the most of your investment in solar by leveraging the solar tax credit before it expires. We offer all of our customers a free consultation, during which we provide you a quote for your solar panels and explain solar tax credits and other local incentives in greater detail. Simply contact us today to get started – we are looking forward to hearing from you!
This customer’s bill is estimated to be $150 lower than the previous bill.
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