17 Best Solar Companies in Broadmoor, CA (Oct 2022 Review)

The Cost and Benefits of Solar in Broadmoor

For lots of homeowners, whether or not you should invest in solar panels comes down to the cost. The overall price and potential savings vary depending on a few key factors such as:

• Choice of solar panels: The kind of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings 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.
• Average daily sunlight: Since Broadmoor gets lots of sunlight, your solar panel system will most likely be able to produce enough energy to power your whole home, which impacts how much you can save on your energy bills.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state may also have various incentives that you can benefit from. In addition, you can save about $32,000 over 20 years on your utility bills, not including incentives.
• How much power your household needs: If your home needs to use a lot of energy, you'll benefit more from going solar.

As a result of solar panels now being cheaper than ever as well as several solar incentives, they are a sound investment for the majority of homeowners.

Solar Incentives in Broadmoor

One of the great things about installing a solar panel system is receiving incentives from the government. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much your solar project cost when you file taxes, reducing the amount of taxes you owe that year. Additionally, there may be some local incentives that stack with the ITC too. Our article on solar incentives has more information on the incentives you can take advantage of in Broadmoor.

Environmental Impact of Switching to Solar in Broadmoor

Swapping traditional energy for solar is a profound way to do your part for a greener future. You may be curious — how much does making the switch do for the environment anyway? The average person has a rather large carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions every year, and powering their home, it can be overwhelming to figure out what to do. Installing solar panels is one of the easiest things you can do to help. In fact, if you install solar panels, you could reduce your carbon dioxide emissions by about 50 pounds each year. If you care about the environment, you'll most likely get that there are many benefits of adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is more valuable.