13 Best Solar Companies in Lakeport, CA (Jan 2023 Review)

The Cost and Benefits of Solar in Lakeport

For many people, the decision of which solar installer to hire depends on costs. The cost of solar and the savings it generates vary depending on a few important factors such as:

• The cost of energy for you: If your local energy rates are quite high, there's a better chance you'll end up with a higher return on your investment in solar panels. In Lakeport, you can save an average of $88 a month on your electricity bills.
• The amount of sunlight your rooftop gets: Thanks to Lakeport's very high amount of average daily sunlight, you should be able to save a lot on your electric bills.
• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels are more expensive 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.
• Incentives: Tax-paying citizens who purchase and install a solar system this year can save 30% of their overall solar costs by taking advantage of the federal solar investment tax credit. You can also save about $33,000 on your energy bills over 20 years not including incentives.

So is a solar system worth it? Whether you'd like to reduce your electric bills, carbon emissions or both, solar panels are a solid investment for many Lakeport homeowners.

Solar Incentives in Lakeport

Switching to solar power has many great benefits. Not only can it help protect the planet, but you can also save a decent amount of money on your installation with various government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of your project costs on your tax return, lowering the amount of taxes you owe that year. Plus, there may be some local incentives that can save you some extra money too. Check out our article on solar incentives to see what incentives are available to you.

Environmental Impact of Switching to Solar in Lakeport

Installing solar panels can have a beneficial impact on the environment. You may be trying to figure out — how much does making the switch do for the planet anyway? Everyone can help protect the environment by switching to solar energy, but homes that use more energy will have an even greater impact. In Lakeport, the average person can lower their carbon footprint by 50 pounds a year once they go solar. If you want to do what you can for the environment, you'll likely understand that there are many advantages to adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is invaluable.