15 Best Solar Companies in Castaic, CA (Mar 2023 Review)

The Cost and Benefits of Solar in Castaic

We understand that for many homeowners, the choice to invest in solar comes down to installation costs. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Typical energy usage: The more power your household consumes on average and the steeper your current power bills are, the more benefits you'll see from making the switch to solar.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of installing your solar panel system from your taxes. In addition, not including incentives, you can save about $25,000 over 20 years on your energy bills.
• How much you spend on energy: The typical household in Castaic shells out around $750 a year on power alone, so you could gain that much in savings.
• Choice of solar panels: The kind of solar panels you are interested in getting 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 opt for a higher number of more affordable panels.

Solar is a profitable investment for most homeowners. You can generate your own power instead of paying for it from a utility company and take advantage of solar tax credits and rebates, all while helping preserve the planet.

Solar Incentives in Castaic

To increase solar panel installation and usage, incentives are offered by the government — and even some utility companies — to help make solar power more economically viable and accessible. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly pair the ITC with other local incentives. For more information about local incentives, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Castaic

There are many reasons to switch to solar power, like saving some money on electricity bills and helping to reduce your carbon footprint. But how much can installing solar panels actually affect the environment? A significant thing to keep in mind is your overall carbon footprint. For example, if you have a long commute, your footprint may be larger, so switching to solar power for your house can help offset that. Because solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good substitute for traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 50 pounds each year. For people who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.