12 Best Solar Companies in Maywood, CA (Sep 2022 Review)

The Cost and Benefits of Solar in Maywood

For the majority of homeowners, whether or not to invest in solar panels depends the most on the cost. Some key factors that affect the cost of installing a solar panel system on your home and how much it could save you over time include:

• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can use. Additionally, you can save about $24,000 over 20 years on your utility bills, before factoring in incentives.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panels won't be able to generate as much energy, which will give you lower savings on electricity bills than a house with a roof that gets a lot of sunlight.
• Electricity consumption: The average household in Maywood doesn't use much energy, and therefore may not see as many savings on their power bills.
• The make and model of solar panels you want to get: More high-tech panels are more highly priced, so that will affect your budget for your solar project.

So is a solar panel system worth it? Whether you hope to reduce your electric bills, carbon emissions or both, solar panels are a good investment for many Maywood homeowners.

Solar Incentives in Maywood

If you're considering making the switch to solar power, various government incentives and state programs can greatly reduce the installation costs and expedite the return on your investment. When you install a solar panel system on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Additionally, there are often some state and city incentives that you can benefit from to further cut back on the cost of solar of solar panels. You can learn about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Maywood

One of the best reasons to switch to solar energy is to cut your dependence on nonrenewable energy sources like burning fossil fuels, which are damaging for the environment. Something many homeowners might have in mind is how much can they really help save the environment by going solar anyway? In a city like Maywood where energy use is somewhat high, switching to solar energy is a fantastic idea for homeowners who care about the planet. In Maywood, the average homeowner can reduce their carbon footprint by 50 pounds a year after going solar. For those who are worried about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.