16 Best Solar Companies in Lincoln, CA (Jan 2023 Review)

The Cost and Benefits of Solar in Lincoln

While solar panels can save you money on utility bills over time, it's necessary to consider the startup costs. A few key factors that affect how much it will cost to install a solar panel system on your home and how much money you could save over time are:

• The amount of sunlight your roof gets: This, along with the configuration of your roof, affects affect how much power your solar panels can make.
• Energy consumption: Solar may be too steep of an option for households that don't use too much energy per month.
• Incentives: Something that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your utility bills, which can give you an average of $32,000 of savings over 20 years.
• The kind of solar panel system you can buy: This hinges on how much you're willing to spend upfront.

Solar is a fruitful investment for most homeowners. You can produce your own energy instead of paying for it from a utility company and make use of solar incentives and rebates, all while helping preserve the environment.

Solar Incentives in Lincoln

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you much money over the lifespan of your solar panels because of lower power bills and government incentives. On top of the federal tax credit incentive, there are also some state- and city-level benefits, which in most cases, can be claimed in addition to the federal incentive, so you can save even more. Take a look at our article on solar incentives to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Lincoln

There are lots of reasons to switch to solar energy, like saving on utility bills and helping to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Lincoln, though. One thing that can drastically influence your carbon footprint is your commute time and how much you drive in general. If you switch to solar power and drive an electric car, you can greatly decrease your carbon dioxide emissions by charging your car at home. In Lincoln, the average homeowner can reduce their carbon footprint by 50 pounds a year once they go solar. If you want to do your part for the environment, you'll most likely understand that there are many good things about adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is worth more.