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

The Cost and Benefits of Solar in Parkway

The cost of installing a solar panel system has decreased greatly over the past several years, but it's still a substantial investment for most homeowners. There are several factors you should take into consideration when trying to figure out how much it will cost and how much you can save, such as:

• Electricity consumption: The average household in Parkway doesn't use much energy, and so may not see as many savings on their power bills.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 26% of the cost of installing your solar panel system from your federal taxes. Additionally, not including incentives, you can save about $25,000 over 20 years on your energy bills.
• Choice of solar panels: The type 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 you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• The amount of sunlight your rooftop gets: Due to Parkway's very high amount of average daily sunlight, you should be able to save a lot on your energy bills.

Solar is a fruitful investment for most homeowners. You can make your own electricity instead of paying for it from a utility company and take advantage of solar tax credits and rebates, all while helping the Earth.

Solar Incentives in Parkway

Although installing solar panels is typically a large investment, it can save you a significant amount of money in the long term due to lower energy bills and government incentives. There are quite a few federal, state and local rebates and tax credits that may earn you a decent amount of money in return after paying for a qualifying system. You can learn about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Parkway

There are a few important reasons why people are considering solar energy: for the good of their bank accounts and the planet. A question many people might be asking themselves is how much can they really help preserve the environment by switching to solar power anyway? One thing that can drastically shape your carbon footprint is how long your commute is and how much you drive generally. If you switch to solar power and have an electric car, you can significantly lower your carbon dioxide emissions by charging your car at home. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good swap for nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 50 pounds each year. Since solar power is plentiful and generates electricity without releasing carbon emissions, making the switch to solar power is one easy step you can take to help protect the planet.