11 Best Solar Companies in Menifee, CA (Sep 2022 Review)

The Cost and Benefits of Solar in Menifee

Solar panels run off a free energy source — the sun — but to take advantage of this you will first need to pay to set up 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 including:

• How much energy costs for you: If your local energy rates are high, there's a good chance you'll end up with a higher return on your investment in solar panels. In Menifee, you can save an average of $63 a month on your electricity bills.
• System size and type: Some models are more expensive than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• The amount of sunlight your home gets: Because of Menifee's very high amount of average daily sunlight, you should be able to save a lot on your energy bills.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your power bills, which can give you an average of $25,000 of savings over 20 years.

Due to solar panels decreasing in cost as well as various solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Menifee

Switching to solar power has plenty of great benefits. Not only can it help preserve the environment, but you can also save a decent amount of money on your installation with various government incentives. In addition to the federal solar investment tax credit, there are also some local incentives, which in almost all cases, can be claimed in addition to the federal incentive, so you get to save even more. For detailed information about incentives for homeowners in Menifee, check out the table below.

Environmental Impact of Switching to Solar in Menifee

If you want to add solar panels to your home, one of the major reasons why may be to lower your carbon footprint. Something many people might be wondering about is how much can they really help protect the environment by switching to solar power anyway? A significant thing to consider is your overall carbon footprint. For example, if you have a long commute, your footprint may be greater, so switching to solar power for your home can help offset that. Since solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good alternative to nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 50 pounds each year. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.