13 Best Solar Companies in Lockeford, CA (Mar 2023 Review)

The Cost and Benefits of Solar in Lockeford

Even though solar panels can save you money on power bills over time, it's necessary to consider the startup costs. There are a few factors you should take into consideration when trying to determine costs and your potential savings, such as:

• The cost of energy for you: If your local utility rates are quite high, there's a good chance you'll see a higher return on your investment in a solar panel system. In Lockeford, you can save an average of $87 a month on your electricity bills.
• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $33,000 over the first 20 years with your solar system, too.
• Your location: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.

Even though a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on a number of factors, like the amount of daily direct sunlight available and incentives.

Solar Incentives in Lockeford

If you're thinking about making the switch to solar energy, a variety of government incentives and state programs can dramatically lower your project costs and speed up the return on your investment. When you install a solar panel system, you become eligible to claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Additionally, there are often some regional incentives that you can use to further cut back on the cost of solar of solar panels. In our article on solar incentives, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Lockeford

One of the best reasons to use solar power is to decrease your dependence on traditional energy sources like burning fossil fuels, which are harmful for the environment. You may be asking yourself — how much does going solar do for the environment anyway? The average person has a rather large carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions a year, and powering their home, it can be overwhelming to think about what to do. Installing solar panels is a simple thing you can do to help. If you go solar, your carbon emissions can be lowered by about 50 pounds each year. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.