17 Best Solar Companies in Lodi, CA (Feb 2023 Review)

The Cost and Benefits of Solar in Lodi

The cost of putting up a solar panel system has dropped greatly over the past several years, but it's still a significant investment for most homeowners. There are several factors you should consider when trying to figure out costs and your potential savings, including:

• Where your home is: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• Your current energy bills: Solar panels can dramatically decrease, or entirely eliminate, your utility bills. In Lodi, you can save an average of $84 a month.
• Choice of solar panels: The type of solar panels you are interested in getting 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 you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and city may also have various incentives that you can benefit from. Plus, you can save about $32,000 over 20 years on your utility bills, before factoring in incentives.

Because of the cost of solar panels being lower than before as well as local and federal solar incentives, they are a solid investment for most homeowners.

Solar Incentives in Lodi

To increase the number of homes and businesses that use solar power, federal and local governments — and even some utility companies — offer incentives to help make solar power more economically viable and accessible. On top of the federal tax credit incentive, there are also some state- and city-level programs, which in most cases, stack with the federal incentive, so you get to save even more. For detailed information about incentives for homeowners in Lodi, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Lodi

There are a few primary reasons why people are considering solar energy: to put more money in their bank account and to help the planet. But how much can switching to solar actually affect the environment? One thing to keep in mind is your overall carbon footprint. For example, if you spend a lot of time on the road and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. While making solar panels emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have released if you still used traditional energy. In Lodi, you can reduce your carbon footprint by 50 pounds a year with solar panels. For those who are worried about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.