14 Best Solar Companies in Diamond Springs, CA (Aug 2022 Review)

The Cost and Benefits of Solar in Diamond Springs

Solar panels run off a free energy source — the sun — but before you can take advantage of this you must first pay to install your panels. Some significant things that determine the cost and possible savings include:

• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save on your power bills, which can give you an average of $32,000 of savings over 20 years.
• Your income and budget: This affects what model of solar panels you can purchase.
• The amount of sunlight your home gets: Because of Diamond Springs's very high amount of average daily sunlight, you should be able to save a lot on your power bills.
• How much electricity your household consumes: Homes that use lots of power each month may require more solar panels and, therefore, be more expensive, but will also benefit more over time.

Although a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on several factors, like the size of your solar panel system and your current power bills.

Solar Incentives in Diamond Springs

In order to increase the adoption of solar power, federal, state and local governments — and even some utility companies — offer incentives to help make switching to solar power more financially viable and accessible. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly pair the ITC with other state and city rebates and benefits. The table below gives you an idea of the incentives you can benefit from in Diamond Springs.

Environmental Impact of Switching to Solar in Diamond Springs

One reason so many homeowners are considering switching to solar power is to help lower their environmental impact. Something many might be asking themselves is how much can they really help the environment by going solar anyway? The average person has a substantial carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions a year, and energy for their home, it can be overwhelming to figure out what to do. Going solar is a practical thing you can do to help. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good alternative to traditional energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 50 pounds each year. For people who want to help the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.