16 Best Solar Companies in Cathedral City, CA (Sep 2022 Review)

The Cost and Benefits of Solar in Cathedral City

The cost of installing a solar panel system has gone down greatly over the past few years, but it's still a significant investment for most homeowners. There are a few factors you should consider when determining the overall cost and how much you can save, such as:

• The kind of solar panels you're planning on getting: Higher-efficiency panels cost more, so that will determine your budget for your solar project.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can benefit from. Plus, you can save about $26,000 over 20 years on your utility bills, without incentives.
• Energy consumption: Installing a solar system may be too pricey an option for homes that don't need a lot of energy per month.
• Average daily sunlight: Since Cathedral City gets lots of sunlight, your solar panel system will most likely be able to generate enough energy to power your whole home, which affects how much your solar panels can save you on your electricity bills.

Though a solar panel system costs a good chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on several factors, including the kind of solar panels you get and your current power bills.

Solar Incentives in Cathedral City

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a significant amount of money over time because of smaller energy bills and government incentives. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially pair the ITC with other local rebates and benefits. The table below lists out the incentives you can take advantage of in Cathedral City.

Environmental Impact of Switching to Solar in Cathedral City

There are a few primary reasons why many people are interested in solar energy: for the good of their bank accounts and the planet. But how much can using solar energy instead of traditional energy actually affect the environment? The amount of energy you use is a key factor to keep in mind. The more electricity your home uses, the greater your impact when you go solar. If you go solar, your carbon emissions can be cut by about 50 pounds every year. If you care about the environment, you'll likely recognize that there are many benefits of adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is invaluable.