17 Best Solar Companies in Orcutt, CA (Mar 2023 Review)

The Cost and Benefits of Solar in Orcutt

The cost of installing solar panels has gone down significantly in the past few years, but it's still a substantial investment for most homeowners. There are a few factors you should take into consideration when trying to figure out costs and your potential savings, such as:

• The amount of sunlight your roof gets: If your roof gets limited direct sunlight, your solar panel system won't be able to produce as much energy, which will leave you with lower savings on electric bills than someone with a roof that gets plenty of sunlight.
• The cost of electricity in your area: If your local electricity rates are quite high, there's a better chance you'll see a higher return on your investment in solar panels. In Orcutt, you can save an average of $88 a month on your electricity bills.
• Your income and budget: This guides what kind of solar panels you can afford.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $36,000 over the first 20 years with your system, too.

There are many wonderful benefits of solar despite the initial cost of installation. It can help the planet and your wallet. Additionally, it can increase the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in Orcutt

There are many good reasons why going solar is a great investment. One of them includes some government incentives that can save you money. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly pair the ITC with other local rebates and benefits. In our article on solar incentives, you can see the incentives you qualify for in Orcutt.

Environmental Impact of Switching to Solar in Orcutt

Switching to solar energy can have a meaningful impact on the environment. But how much can switching to solar actually help the environment? Everyone can help protect the environment by switching to solar energy, but homes that use more energy will have an even greater impact. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 50 pounds each year. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.