14 Best Solar Companies in Palm Springs, CA (Mar 2023 Review)

The Cost and Benefits of Solar in Palm Springs

We understand that for many homeowners, the decision to invest in solar depends on installation costs. Some important factors that determine the cost of installing a solar panel system on your home and how much it could save you over time are:

• Your energy bills: This will influence how much you can save. In Palm Springs, the average resident can save about $780 a year on their electricity bills.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save on your utility bills, which can give you an average of $26,000 of savings over 20 years.
• Your location: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• Choice of solar panels: The kind of solar panels you get 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 space isn't a constraint for your project, you can opt for a higher number of more affordable panels.

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

Solar Incentives in Palm Springs

Switching to solar power has lots of considerable benefits. Not only can it help preserve the Earth, but you can also save a decent amount of money on your installation with various government incentives. These incentives usually consist of cash rebates, tax credits and/or performance-based incentives. They can reduce the cost you pay for installing solar panels by 30%, upwards of 50% in some cases. Our article on solar incentives goes over more in-depth information on the incentives you can find in Palm Springs.

Environmental Impact of Switching to Solar in Palm Springs

There are a few main reasons why many people are considering solar energy: to help their wallet and the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Palm Springs, though. A significant thing to think about is your overall carbon footprint. For example, if you have a long commute, your footprint may be larger, so switching to solar power for your house can help offset that. While making solar panels releases carbon dioxide emissions, the panels make up for it by significantly decreasing the amount of CO2 you would have produced if you still used nonrenewable energy. In Palm Springs, you can reduce your carbon footprint by 50 pounds a year with solar panels. As you can see, investing in solar has so many other rewards beyond saving money. One of the main ones is that you can help save the planet too.