12 Best Solar Companies in Poway, CA (Feb 2023 Review)

The Cost and Benefits of Solar in Poway

Solar panels run off a free energy source — the sun — but to take advantage of this you first need to pay to set up your system. The cost and possible savings vary depending on a few key factors such as:

• The cost of electricity in your area: If your local electricity rates are high, there's a better chance you'll end up with a higher return on your investment in a solar panel system. In Poway, you can save an average of $77 a month on your electricity bills.
• System size and type: Some models are more expensive than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can benefit from. Plus, you can save about $31,000 over 20 years on your utility bills, before factoring in incentives.
• Your city: This affects how much sunlight your roof receives, which helps determine how many panels you need.

Due to the cost of solar panels being lower than before as well as local and federal solar incentives, they are a worthwhile investment for most homeowners.

Solar Incentives in Poway

In an effort to increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make switching to solar power more economical and accessible. When you install solar panels on your home, you can claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Plus, there may often be some regional incentives that you can benefit from to further cut back on the cost of solar of solar panels. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Poway

Lots of people want to do their part to help protect the planet, which in many cases is the main reason for installing solar panels. But you may be wondering — how much exactly can you help the environment by going solar? In a city like Poway where energy use is somewhat high, installing solar panels is a fantastic idea for those who want to do their part for the environment. Even though making solar panels emits carbon dioxide, the panels make up for it by considerably decreasing the amount of CO2 you would have released if you still used nonrenewable energy. In Poway, you can reduce your carbon footprint by 50 pounds a year with solar panels. The benefits of solar power are plentiful — just like solar power is! That's why so many Poway residents have been happy with committing to solar.