13 Best Solar Companies in Redwood City, CA (Sep 2022 Review)

The Cost and Benefits of Solar in Redwood City

For many readers, the decision of which solar company to go with comes down to total costs. There are several factors you should consider when trying to determine costs and your potential savings, such as:

• Your income and budget: This guides what type of solar panels you can buy.
• Your city: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• Incentives: Something 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 a decent amount of money on your energy bills, which can generate an average of $33,000 of savings over 20 years.
• Your current electric bills: Solar panels can substantially reduce, or entirely eliminate, your utility bills. In Redwood City, you can save an average of $88 a month.

There are lots of good benefits of solar despite the upfront cost of installation. It can help the Earth and your bank account. Additionally, it can increase the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in Redwood City

Although solar power is typically a big investment, it can save you a significant amount of money over the lifespan of your solar panels because of reduced energy bills and government incentives. When you install a solar panel system on your home, you can take advatage of the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some local incentives that you can take advantage of to further save. For more information about incentives for homeowners in Redwood City, check out the table below.

Environmental Impact of Switching to Solar in Redwood City

Installing solar panels can have a meaningful impact on the environment. A question many people might have in mind is how much can they really help preserve the environment by switching to solar power anyway? A key thing to be mindful of is your overall carbon footprint. For example, if you spend a lot of time driving to work, your footprint may be bigger, so switching to solar energy for your house can help offset that. After you go solar, your carbon dioxide emissions can be lowered by about 50 pounds each year. If you want to do what you can for the environment, you'll likely get 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 worth more.