18 Best Solar Companies in Silver Lakes, CA (Mar 2023 Review)

The Cost and Benefits of Solar in Silver Lakes

The cost of putting up solar panels has dropped greatly over the past several years, but it's still a large investment for most homeowners. There are quite a few factors you should consider when trying to figure out how much it will cost and how much you can save, such as:

• How much energy costs for you: The average family in Silver Lakes spends around $750 a year on power alone, so you could end up with that much in savings.
• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save money on your power bills, which can result in an average of $25,000 of savings over 20 years.
• Your home's orientation toward the sun: This, along with your roof configuration, affects affect how much energy your solar panels can generate.
• Choice of solar panels: The kind of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels are more expensive 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 go with a higher number of more affordable panels.

So is a solar system worth it? Whether you want to reduce your energy bills, carbon dioxide emissions or both, solar panels are a good investment for many Silver Lakes homeowners.

Solar Incentives in Silver Lakes

There are many reasons why you should switch to solar. One of them includes some government incentives you can take advantage of. Local solar incentives vary by location and, sometimes, utility company. A lot of states offer rebates for solar panels, in addition to the federal solar tax credit. Our article on solar incentives goes over more information on the incentives you can take advantage of in Silver Lakes.

Environmental Impact of Switching to Solar in Silver Lakes

Installing solar panels can have a positive effect on the environment. But how much can installing solar panels actually help the environment? In a place like Silver Lakes where commute times can be very long, using solar power can help offset some of your carbon dioxide emissions from driving a lot. While 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 Silver Lakes, 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 good things about adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is worth more.