18 Best Solar Companies in Livermore, CA (Feb 2023 Review)

The Cost and Benefits of Solar in Livermore

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will first need to pay to install your system. The installation cost is just one important factor you should consider when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• The kind of solar panels you're planning on getting: Higher-efficiency panels are more costly, so that will affect your budget for your solar project.
• Your home's power bills: Due to fairly high monthly power bills in Livermore, you could save about $1,100 a year with solar.
• 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. Aside from incentives, you can save an average of $33,000 over 20 years with your system, too.
• The amount of sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar panels won't be able to make as much energy, which will give you lower savings on electric bills than a house with a roof that gets plenty of sunlight.

There are lots of good benefits of solar even with the upfront cost of installation. It can help the planet and your finances. In addition, it can increase the value of your home, leading to even more benefits if you decide to sell your home later.

Solar Incentives in Livermore

There are many good reasons why going solar is a great investment. One of them consists of some government incentives you can take advantage of. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much your solar project cost when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some local incentives that can save you some extra money too. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Livermore

If you're planning on adding solar panels to your home, one of the principal reasons why may be to lower your carbon footprint. But you may be curious — how much exactly can you help by using solar power? In a city like Livermore where commute times can be very long, using solar power can help help reduce the carbon footprint of driving a lot. In fact, if you install solar panels, you could expect to reduce your carbon dioxide emissions by about 50 pounds each year. For people who care about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.