18 Best Solar Companies in Monrovia, CA (Mar 2023 Review)

The Cost and Benefits of Solar in Monrovia

The cost of putting up solar panels has decreased immensely over the past few years, but it's still a substantial investment for most homeowners. Some important things that impact the upfront cost and potential savings over time include:

• Choice of solar panels: The kind of solar panels you choose 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 you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Incentives: Tax-paying citizens who buy and install a solar energy system this year can save 30% of their installation costs by using the federal solar investment tax credit. You can also save about $25,000 on your electricity bills over 20 years excluding incentives.
• Your power bills: This will influence how much you can save. In Monrovia, the average resident can save about $750 a year on their electricity bills.
• Your home's orientation toward the sun: This, and how your roof is set up, affects affect how much power your solar panels can produce.

Due to solar panels decreasing in cost as well as local and federal solar incentives, they are a sound investment for most homeowners.

Solar Incentives in Monrovia

Since solar power is better for the environment than burning fossil fuels, there are some government incentives in place to encourage people to make the switch. There are several federal, state and local rebates and tax credits that can earn you a decent amount of money in return after installing a solar panel system. For comprehensive information about local incentives, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Monrovia

Lots of people want to do their part to help save the planet, which in many cases is the main motivation to install solar panels. You may be trying to figure out — how much does going solar help the planet anyway? The average person has a rather large carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions every year, and energy for their home, it can be overwhelming to figure out what to do. Going solar is a practical thing you can do to help. In fact, if you adopt solar power, you could be looking at reducing your carbon dioxide emissions by about 50 pounds each year. As you can see, going solar has so many other rewards beyond saving money. One of the major ones is that you can help save the Earth too.