16 Best Solar Companies in El Dorado Hills, CA (Aug 2022 Review)

The Cost and Benefits of Solar in El Dorado Hills

For many homeowners, the decision to invest in a solar energy system boils down to the cost. Some key things that influence the upfront cost and potential savings over time include:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 26% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $31,000 over the first 20 years with your system, too.
• The kind of solar panels you're planning on getting: More high-tech panels are more costly, so that will influence your budget for your solar project.
• Electricity consumption: The average household in El Dorado Hills doesn't use much energy, and so may not see as many savings on their power bills.
• Average daily sunlight: Since El Dorado Hills gets lots of sunlight, your solar panel system will most likely be able to generate enough energy to power your whole home, which impacts how much your electricity bills will be.

So is installing solar panels worth it? Whether you'd like to decrease your electric bills, carbon dioxide emissions or both, solar panels are a great investment for many El Dorado Hills homeowners.

Solar Incentives in El Dorado Hills

One of the benefits of installing a solar panel system is earning federal and potentially state incentives. When you install a solar panel system on your home, you can claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 26% of the cost of your solar panels. In addition, there may often be some local incentives that you can take advantage of to further save. The table below lets you know about the incentives you can take advantage of in El Dorado Hills.

Environmental Impact of Switching to Solar in El Dorado Hills

One of the most compelling reasons to switch to solar power is to reduce your dependence on traditional energy sources like burning fossil fuels, which are harmful for the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in El Dorado Hills, though. An important thing to be mindful of is your overall carbon footprint. For example, if you have a long commute, your footprint may be greater, so adopting solar power for your home can help offset that. Since solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good trade for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 50 pounds each year. The good things about solar power are plentiful — just like solar power is! That's why so many homeowners have been happy with making the switch to solar.