14 Best Solar Companies in Coronado, CA (Jan 2023 Review)

The Cost and Benefits of Solar in Coronado

We know that for lots of homeowners, the decision to invest in solar comes down to installation costs. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $31,000 over the first 20 years with your solar panels, too.
• Your income and budget: This affects what kind of solar panels you can get.
• How much sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panel system won't be able to make as much energy, which will leave you with lower savings on power bills than a roof that gets a lot of sunlight.
• The cost of electricity in your area: If your local power rates are high, there's a good chance you'll end up with a higher return on your investment in a solar system. In Coronado, you can save an average of $77 a month on your electricity bills.

Solar is a fruitful investment for most homeowners. You can produce your own energy instead of paying for it from a utility company and take advantage of solar tax credits and rebates, all while helping protect the Earth.

Solar Incentives in Coronado

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a considerable amount of money over many years because of smaller power bills and government incentives. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially use the ITC with other local incentives. You can find out about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Coronado

If you're planning on adding solar panels to your home, one of the principal reasons why may be to reduce your reliance on nonrenewable energy. You may be trying to figure out — how much does making the switch help the planet anyway? No matter where you are, you can help protect the planet by switching to solar energy, but homes that use lots of energy will have an even bigger impact. While solar panel production emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Coronado, you can reduce your carbon footprint by 50 pounds a year with solar panels. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.