11 Best Solar Companies in Newport Beach, CA (Feb 2023 Review)

The Cost and Benefits of Solar in Newport Beach

When choosing a solar company, most homeowners or business owners think about the costs the most. There are a few factors you should consider when determining costs and your potential savings, including:

• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can benefit from. Plus, you can save about $25,000 over 20 years on your utility bills, without incentives.
• Average daily sunlight: Since Newport Beach gets lots of sunlight, your solar panel system will most likely be able to generate enough energy to power your whole home, which impacts how much you can save on your energy bills.
• System size and type: Some models are more costly than others, so the one you want can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• How much you spend on energy: The average household in Newport Beach shells out around $770 a year on home energy use alone, so you could gain that much in savings.

So is installing solar panels worth it? Whether you're trying to reduce your energy bills, carbon dioxide emissions or both, solar panels are a solid investment for many Newport Beach homeowners.

Solar Incentives in Newport Beach

Because solar power is a cleaner source of energy than fossil fuels, there are some government incentives available to encourage its adoption. There are quite a few federal, state and local rebates and tax credits that may earn you anywhere from 30% to 50% of your money back after installing a qualifying system. Check out our article on solar incentives to see what incentives are available to you.

Environmental Impact of Switching to Solar in Newport Beach

One of the best reasons to adopt solar energy is to cut your reliance on nonrenewable energy sources like burning fossil fuels, which are damaging for the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Newport Beach, though. In a city like Newport Beach where commute times can be pretty long, going solar can help help reduce the carbon footprint of driving. Though solar panel manufacturing emits carbon dioxide, the panels make up for it by considerably decreasing the amount of CO2 you would have been responsible for if you still used traditional energy. In Newport Beach, you can reduce your carbon footprint by 50 pounds a year with solar panels. Since energy from the sun is abundant and produces electricity without CO2 emissions, installing solar panels is one easy step you can take to help protect the planet.