17 Best Solar Companies in Oxnard, CA (Nov 2022 Review)

The Cost and Benefits of Solar in Oxnard

When choosing a solar company, most homeowners or business owners wonder about the costs above all. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• The make and model of solar panels you want: Some are more expensive, so that will affect your budget for your solar project.
• Average daily sunlight: Since Oxnard gets lots of sunlight, your solar panel system will most likely be able to generate enough energy to power your whole home, which affects how much your solar panels can save you on your electricity bills.
• Your current energy bills: Solar panels can substantially reduce, or entirely get rid of, your utility bills. In Oxnard, you can save an average of $63 a month.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can use. Plus, you can save about $25,000 over 20 years on your utility bills, not including incentives.

There are several good benefits of solar despite the initial cost of installation. It can help the environment and your bank account. In addition, it can increase the value of your home, giving you even more benefits if you decide to sell your home later.

Solar Incentives in Oxnard

If you're thinking about switching to solar power, several government incentives and tax credits can immensely bring down your project costs and speed up the return on your investment. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much you paid for your solar installation on your tax return, lowering the amount of taxes you owe that year. In addition, there may be some local incentives that stack with the ITC too. For more information about incentives that apply to you, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Oxnard

If you're thinking of adding solar panels to your home, one of the primary reasons why may be to reduce your greenhouse gas emissions. You may be asking yourself — how much does making the switch help the planet anyway? Something that can severely influence your carbon footprint is how long your commute is and how much you drive in general. If you switch to solar power and drive an electric car, you can significantly decrease your carbon dioxide emissions by charging your car at home. In Oxnard, the average person can lower their carbon footprint by 50 pounds a year once they go solar. Since solar power is plentiful and produces electricity without free from carbon dioxide emissions, making the switch to solar power is one easy step you can take to help protect the environment.