Solar Savings Calculator

Red Bank receives an average of 4.4 peak sun hours per day, making it a good location for solar energy. With local electricity rates at $0.1700 per kWh, homeowners can achieve significant savings by switching to solar power.

The federal Investment Tax Credit (ITC) provides a 30% tax credit on solar installations, significantly reducing the upfront cost. Combined with NJ's solar policies and local utility rates, solar energy is an increasingly attractive investment for Red Bank residents.