14 Best Solar Companies in Lathrop, CA (Oct 2022 Review)

The Cost and Benefits of Solar in Lathrop

For most homeowners, whether or not you should invest in solar energy depends the most on the cost. There are a few factors you should take into consideration when determining how much it will cost and how much you can save, such as:

• The amount of sunlight your house gets: Due to Lathrop's very high amount of average daily sunlight, you should be able to save a lot on your electric bills.
• Electricity consumption: The average household in Lathrop doesn't use much energy, and so may not see as many savings on their power bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $33,000 over the first 20 years with your solar panels, too.
• Your income and budget: This guides what type of solar panels you can get.

So is installing solar panels worth it? Whether you'd like to reduce your energy bills, carbon emissions or both, solar panels are a worthwhile investment for many Lathrop homeowners.

Solar Incentives in Lathrop

To increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make solar power more financially viable and accessible. There are quite a few federal, state and local rebates and tax credits that earn some money in return after installing solar panels. For comprehensive information about incentives that apply to you, check out the table below.

Environmental Impact of Switching to Solar in Lathrop

Making the switch to solar power is a compelling way to do your part for a greener future. But you may be wondering — how much exactly can you help by making the switch to solar? Something that can drastically influence your carbon footprint is how long your commute is and how much you drive overall. If you switch to solar power and drive an electric car, you can significantly reduce your carbon dioxide emissions by charging your car at home. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good trade for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 50 pounds each year. Since solar energy is renewable and produces electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help protect the planet.