15 Best Solar Companies in Paramount, CA (Jan 2023 Review)

The Cost and Benefits of Solar in Paramount

For a lot of homeowners, whether or not to invest in solar panels depends the most on the cost. The overall price and potential savings vary depending on some key factors such as:

• The amount of sunlight your roof gets: If your roof gets limited direct sunlight, your solar system won't be able to produce as much energy, which will leave you with lower savings on energy bills than someone with a roof that gets plenty of sunlight.
• The model of solar panels you have the money for: This is dependent on your income and budget.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 30% of the cost of your solar system installation from your taxes. In addition, not including incentives, you can save about $25,000 over 20 years on your energy bills.
• Your power bills: This will determine how much you can save. In Paramount, the average homeowner can save about $750 a year on their electricity bills.

Even though a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on several factors, such as the size of your solar panel system and your local electricity rates.

Solar Incentives in Paramount

Although installing solar panels is typically a large investment, it can save you a lot of money over time due to smaller energy bills and government incentives. In addition to the federal tax credit incentive, there are also some state- and city-level incentives, which in almost all cases, can be claimed in addition to the federal incentive, so you get to save even more. You can learn about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Paramount

There are lots of reasons to switch to solar energy, like saving some money on utility bills and helping to reduce your carbon footprint. You may be curious — how much do solar panels help the planet anyway? In a place like Paramount where commute times can be very long, going solar can help help reduce the carbon footprint of driving. Although solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by significantly decreasing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Paramount, you can reduce your carbon footprint by 50 pounds a year with solar panels. If you care about the environment, you'll most likely find that there are many advantages to adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is more valuable.