16 Best Solar Companies in Shingle Springs, CA (Oct 2022 Review)

The Cost and Benefits of Solar in Shingle Springs

The cost of putting up solar panels has dropped greatly over the past few years, but it's still a substantial investment for most homeowners. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• The cost of energy for you: If your local utility rates are quite high, there's a good chance you'll end up with a higher return on your investment in a solar system. In Shingle Springs, you can save an average of $81 a month on your electricity bills.
• Your home's orientation toward the sun: This, and how your roof is set up, affects affect how much energy your solar panels can generate.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $30,000 over the first 20 years with your system, too.
• Choice of solar panels: The type of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money 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.

Although a solar panel system costs a decent chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on several factors, including the size of your house and your current power bills.

Solar Incentives in Shingle Springs

One of the good things about installing a solar panel system is receiving government incentives. These incentives usually include cash rebates, tax breaks and/or solar renewable energy credits. They can lower the cost of going solar by 26 to 50% in some cases. Check out the table below to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Shingle Springs

If you're thinking of adding solar panels to your home, one of the primary reasons why may be to reduce your carbon footprint. You may be curious — how much does making the switch help the environment anyway? Something that can dramatically influence your carbon footprint is your commute time and how much you drive generally. If you switch to solar power and have an electric car, you can vastly reduce your carbon dioxide emissions by charging your car at home. In Shingle Springs, the average resident can reduce their carbon footprint by 50 pounds a year once they go solar. Since energy from the sun is renewable and produces electricity without CO2 emissions, installing solar panels is one easy step you can take to help protect the planet.