18 Best Solar Companies in Beverly Hills, CA (Feb 2023 Review)

The Cost and Benefits of Solar in Beverly Hills

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will need to pay to set up your panels. The cost and possible savings vary depending on a few important factors such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $33,000 over 20 years with your solar system, too.
• Choice of solar panels: The kind of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• The amount of sunlight your house gets: Thanks to Beverly Hills' very high amount of average daily sunlight, you should be able to save a lot on your electric bills.
• How much you spend on energy: The typical household in Beverly Hills shells out around $980 a year on energy alone, so you could end up with that much in savings.

There are many wonderful benefits of solar despite the upfront cost of installation. It can help the environment and your wallet. Additionally, it can boost the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in Beverly Hills

One of the benefits of installing a solar panel system is receiving incentives from the government. Local solar incentive programs depend on the location and, sometimes, utility company. Many states offer rebates for home solar power systems, in addition to the federal solar tax credit. You can find out about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Beverly Hills

Making the switch to solar power is a good way to do what you can for a greener future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Beverly Hills, though. In a city like Beverly Hills where energy use is somewhat high, making the switch to solar power is a fantastic idea for households who are eco-conscious. Because solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good alternative to nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 50 pounds each year. Since energy from the sun is abundant and makes electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help protect the environment.