14 Best Solar Companies in Magalia, CA (Aug 2022 Review)

The Cost and Benefits of Solar in Magalia

For the majority of homeowners, whether or not to invest in solar panels depends the most on the cost. Some key things that impact how much it will cost and how much you could save include:

• The amount of sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar system won't be able to generate as much energy, which will give you lower savings on electric bills than a house with a roof that gets a lot of sunlight.
• Choice of solar panels: The type of solar panels you need will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Incentives: One thing that can reduce the cost of 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 money on your utility bills, which can lead to an average of $32,000 of savings over 20 years.
• Electricity consumption: The average household in Magalia doesn't use much energy, and as a result may not see as many savings on their power bills.

So are solar panels worth it? Whether you hope to decrease your energy bills, greenhouse gas emissions or both, solar panels are a worthwhile investment for many Magalia homeowners.

Solar Incentives in Magalia

Because solar power is a cleaner source of energy than burning fossil fuels, there are several government incentives available to encourage people to make the switch. There are quite a few federal, state and local rebates and tax credits that let you earn a decent amount of money in return after installing a qualifying system. Take a look at the table below to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Magalia

One of the best reasons to switch to solar power is to cut your dependence on nonrenewable energy sources like burning fossil fuels, which are hazardous for the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Magalia, though. One thing you should consider is your overall carbon footprint. For example, if you have a long commute time and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. When you go solar, your carbon dioxide emissions can be lowered by about 50 pounds every year. If you want to do your part for the environment, you'll likely find that there are many advantages to adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is priceless.