15 Best Solar Companies in Foster City, CA (Mar 2023 Review)

The Cost and Benefits of Solar in Foster City

Even though solar panels can save you money on utility bills over time, it's important to know the startup costs. Some important factors that influence how much it will cost to install a solar panel system on your home and how much it could save you over time include:

• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Electricity consumption: The average home in Foster City doesn't use much energy, and as a result may not see as many savings on their power bills.
• The amount of sunlight your city gets: Due to Foster City's very high amount of average daily sunlight, you should be able to save a lot on your electric bills.
• 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. In addition, not including incentives, you can save about $33,000 over 20 years on your energy bills.

Solar is a worthwhile investment for most homeowners. You can generate your own energy instead of paying for it from a utility company and benefit from solar incentives, all while helping preserve the planet.

Solar Incentives in Foster City

Because solar power is more sustainable than burning fossil fuels, there are several government incentives available to encourage people to make the switch. These incentives mostly take the form of cash rebates, tax credits and/or solar renewable energy credits. They can lower how much you end up spending on installing solar panels by 30%, upwards of 50% depending on where you live. For more information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Foster City

Going solar can have a beneficial impact on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Foster City, though. One thing to keep in mind is your overall carbon footprint. For example, if you have a long commute time and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good trade for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 50 pounds each year. If you want to do your part for the environment, you'll most likely recognize that there are many benefits of adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is worth more.