17 Best Solar Companies in Inglewood, CA (Feb 2023 Review)

The Cost and Benefits of Solar in Inglewood

For most homeowners, whether or not to invest in solar energy boils down to the cost. Some main factors that determine how much it will cost to install a solar panel system on your home and how much money you could save over time include:

• The amount of sunlight your home gets: Because of Inglewood's very high amount of average daily sunlight, you should be able to save a lot on your electricity bills.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of installing your solar panel system from your taxes. Additionally, not including incentives, you can save about $27,000 over 20 years on your energy bills.
• The type of solar panels you want: Some are more highly priced, so that will affect your budget for your solar project.
• Your current electric bills: Solar panels can substantially lower, or totally eradicate, your utility bills. In Inglewood, you can save an average of $68 a month.

As a result of solar panels decreasing in cost as well as local and federal solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Inglewood

There are several reasons why going solar is a great investment. One of them consists of some government incentives you can take advantage of. These incentives normally take the form of cash rebates, tax credits and/or performance-based incentives. They can lower how much you end up spending on going solar by 30%, upwards of 50% depending on your location. Our article on solar incentives has more information on the incentives you can find in Inglewood.

Environmental Impact of Switching to Solar in Inglewood

An important reason so many people are considering adopting solar energy is to help lower their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Inglewood, though. One thing to keep in mind is your overall carbon footprint. For example, if you spend a lot of time in the car and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. After you go solar, your carbon dioxide emissions can be lowered by about 50 pounds a year. If you care about the environment, you'll most likely get that there are many good things about adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is more valuable.