17 Best Solar Companies in Bloomington, CA (Mar 2023 Review)

The Cost and Benefits of Solar in Bloomington

For most homeowners, whether or not to invest in a solar energy system depends the most on the cost. Some main factors that determine the cost of installing solar panels on your home and how much money you could save over time include:

• How much sunlight your roof gets: This, plus how your roof is set up, affects affect how much energy your solar panels can make.
• The cost of electricity in your area: If your local electricity rates are high, there's a better chance you'll see a higher return on your investment in a solar panel system. In Bloomington, you can save an average of $66 a month on your electricity bills.
• Incentives: Tax-paying citizens who buy and install a solar energy system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $26,000 on your energy bills over 20 years without incentives.
• The type of solar panel system you can purchase: This hinges on how much you're willing to invest upfront.

So is buying solar panels worth it? Whether you hope to decrease your electric bills, carbon dioxide emissions or both, solar panels are a good investment for many Bloomington homeowners.

Solar Incentives in Bloomington

If you're planning on switching to solar power, a number of government incentives and state programs can greatly lower the cost of the project and speed up the return on your investment. When you install a solar panel system on your home, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Plus, there may often be some state and city incentives that you can benefit from to further cut back on the cost of solar of solar panels. Take a look at our article on solar incentives to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Bloomington

If you're planning on adding solar panels to your home, one of the principal reasons why may be to lower your reliance on nonrenewable energy. But how much can using solar energy instead of traditional energy actually affect the environment? If your home consumes lots of energy, you can help the environment even more by switching to solar power. When you go solar, your carbon footprint can be lowered by about 50 pounds each year. If you want to do your part for the environment, you'll most likely find that there are many good things about adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is priceless.