17 Best Solar Companies in Lake San Marcos, CA (Feb 2023 Review)

The Cost and Benefits of Solar in Lake San Marcos

The cost of putting up solar panels has decreased immensely in the past few years, but it's still a significant investment for most homeowners. Some key things that determine the cost and possible savings include:

• How much sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar system won't be able to make as much energy, which will leave you with lower savings on energy bills than a house with a roof that gets plenty of sunlight.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your utility bills, which can lead to an average of $31,000 of savings over 20 years.
• The cost of electricity in your area: If your local power rates are high, there's a better chance you'll get a higher return on your investment in a solar system. In Lake San Marcos, you can save an average of $77 a month on your electricity bills.
• The type of solar panels you can afford: This hinges on what your budget is.

So is buying solar panels worth it? Whether you hope to lower your electric bills, carbon emissions or both, solar panels are a worthwhile investment for many Lake San Marcos homeowners.

Solar Incentives in Lake San Marcos

If you're planning on making the switch to solar power, a variety of government incentives and tax credits can immensely reduce the installation costs and speed up the return on your investment. When you install a solar panel system, you can take advatage of the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Plus, there may often be some state and city incentives that you can take advantage of to further cut back on the cost of solar of solar panels. For detailed information about incentives for homeowners in Lake San Marcos, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Lake San Marcos

Installing solar panels can have a meaningful effect on the environment. You may be wondering — how much do solar panels do for the planet anyway? The average person has a considerable carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions every year, and energy for their home, it can be overwhelming to think about what to do. Switching to solar is a simple thing you can do to help. Since solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good substitute for traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 50 pounds each year. Since solar energy is plentiful and generates electricity without CO2 emissions, making the switch to solar power is one easy step you can take to help protect the environment.