15 Best Solar Companies in Oakland, CA (Aug 2022 Review)

The Cost and Benefits of Solar in Oakland

The cost of installing solar panels has gone down greatly in the past few years, but it's still a large investment for most homeowners. There are a few factors you should take into consideration when trying to figure out the overall cost and how much you can save, including:

• The model of solar panels you have the money for: This depends on your income and budget.
• The amount of sunlight your city gets: Due to Oakland's very high amount of average daily sunlight, you should be able to save a lot on your power bills.
• Your current electric bills: Solar panels can dramatically decrease, or completely eliminate, your utility bills. In Oakland, you can save an average of $88 a month.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 26% of the project cost. Your state may also have incentives and rebates that you can take advantage of. In addition, you can save about $33,000 over 20 years on your utility bills, before factoring in incentives.

There are several good benefits of solar despite the initial cost of installation. It can help the Earth and your wallet. In addition, it can boost the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in Oakland

There are a lot of reasons why adopting solar power is beneficial. One of them involves some government incentives you can take advantage of. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also potentially use the ITC with other local rebates and benefits. For more information about incentives for homeowners in Oakland, check out the table below.

Environmental Impact of Switching to Solar in Oakland

Many want to do their part for the planet, which for many is the main motivation to install solar panels. But how much can using solar energy instead of traditional energy actually help the environment? Switching to solar power is a great choice for the environment, due to the fact that the biggest source of greenhouse gas emissions in the country is from burning fossil fuels for electricity, heat, and transportation — all of which can be powered by solar instead. In fact, if you make the switch to solar power, you could look forward to lowering your carbon dioxide emissions by about 50 pounds each year. If you care about the environment, you'll no doubt understand that there are many advantages to adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is more valuable.