13 Best Solar Companies in Elk Grove, CA (Oct 2022 Review)

The Cost and Benefits of Solar in Elk Grove

We understand that for many homeowners, the choice to invest in solar depends on installation costs. The overall price and potential savings vary depending on a few important factors such as:

• System size and type: Some models are more expensive than others, so the one you want to get can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• 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 $25,000 over 20 years on your utility bills, without incentives.
• How much you spend on energy: The average family in Elk Grove pays around $820 a year on power alone, so you could end up with that much in savings.
• Where your home is: This influences how much sunlight your roof receives, which helps determine how many panels you need.

Solar is a fruitful investment for most homeowners. You can produce your own energy instead of paying for it from a utility company and make use of solar incentives and rebates, all while helping the Earth.

Solar Incentives in Elk Grove

Although solar power is typically a $15,000 to $25,000 investment, it can save you a significant amount of money over time due to smaller utility bills and government incentives. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much you paid for your solar installation on your tax return, lowering the amount of taxes you owe that year. In addition, there may be some state and city incentives that can save you some extra money too. You can find out about the incentives you can take advantage of in the table below.

Environmental Impact of Switching to Solar in Elk Grove

There are lots of reasons to make the switch to solar energy, like saving some money on utility bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Elk Grove, though. In a place like Elk Grove where commute times can be very long, going solar can help offset some of your carbon dioxide emissions from driving a lot. In fact, if you adopt solar power, you could look forward to lowering your carbon dioxide emissions by about 50 pounds each year. For those who care about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.