15 Best Solar Companies in Chino, CA (Sep 2022 Review)

The Cost and Benefits of Solar in Chino

The cost of putting up solar panels has dropped significantly in the past several years, but it's still a significant investment for most homeowners. Some important things that impact the upfront cost and potential savings over time include:

• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings 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.
• Your current energy bills: Solar panels can substantially lower, or totally eliminate, your utility bills. In Chino, you can save an average of $64 a month.
• How much sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar system won't be able to make as much energy, which will give you lower savings on electric bills than a house with a roof that gets a lot of sunlight.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 30% of the cost of installing your solar panel system from your taxes. Additionally, not including incentives, you can save about $26,000 over 20 years on your energy bills.

There are lots of wonderful benefits of solar in spite of the upfront cost of installation. It can help the environment and your finances. In addition, it can raise the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in Chino

One of the great things about installing a solar panel system is earning federal and potentially state incentives. No matter what state you live in, 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 on your tax return, reducing the amount of taxes you owe that year. Plus, there may be some state and city incentives you can benefit from too. You can find out about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Chino

If you're planning on adding solar panels to your home, one of the principal reasons why may be to reduce your carbon footprint. But you may be curious — how much exactly can you help by using solar power? The average person has a sizable carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions a year, and powering their home, it can be overwhelming to think about what to do. Installing solar panels is a practical thing you can do to help. Once you go solar, your carbon dioxide emissions can be cut by about 50 pounds every year. If you care about the environment, you'll no doubt find that there are many good things about adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is worth more.