13 Best Solar Companies in Albany, CA (Sep 2022 Review)

The Cost and Benefits of Solar in Albany

We know that for most homeowners, the decision to invest in solar comes down to installation costs. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can benefit from. Plus, you can save about $33,000 over 20 years on your utility bills, before factoring in incentives.
• The type of solar panels you can afford: This depends on how much you're willing to spend upfront.
• The amount of sunlight your home gets: Thanks to Albany's very high amount of average daily sunlight, you should be able to save a lot on your power bills.
• Your household's power bills: With fairly high monthly electric bills in Albany, you could save about $1,100 a year with solar.

There are many great benefits of solar in spite of the initial cost of installation. It can help the Earth and your bank account. Additionally, it can raise the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in Albany

Since solar power is more sustainable than fossil fuels, there are several government incentives in place to encourage its adoption. In addition to the federal tax credit incentive, there are also some state- and city-level programs, which in the majority of cases, can be claimed in addition to the federal incentive, so you can save even more. In the table below, you can find out about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Albany

One of the most compelling reasons to tap into solar energy is to reduce your dependence on traditional energy sources like burning fossil fuels, which are destructive for the environment. But you may be curious — how much exactly can you help the planet by going solar? Something that can dramatically influence your carbon footprint is how long your commute is and how much you drive altogether. If you install solar panels and drive an electric car, you can significantly reduce your carbon dioxide emissions by charging your car at home. In fact, if you adopt solar power, you could be looking at reducing your carbon dioxide emissions by about 50 pounds each year. As you can see, trading traditional energy for solar has so many other perks outside of saving money. One of the major ones is that you can help save the planet too.