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

The Cost and Benefits of Solar in Squaw Valley

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will need to pay to set up your panels. The overall price and potential savings vary depending on some key factors such as:

• The type of solar panels you want: More efficient panels are more expensive, so that will shape your budget for your solar project.
• The amount of sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar panels won't be able to make as much energy, which will give you lower savings on electric bills than a roof that gets plenty of sunlight.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can use. Plus, you can save about $34,000 over 20 years on your utility bills, without incentives.
• Your energy bills: This will influence how much money you might save. In Squaw Valley, the average homeowner can save about $1,100 a year on their electricity bills.

So are solar panels worth it? Whether you want to decrease your electricity costs, carbon dioxide emissions or both, solar panels are a great investment for many Squaw Valley homeowners.

Solar Incentives in Squaw Valley

In order to increase solar panel installation and usage, federal and local governments — and even some utility companies — offer incentives to help make switching to solar power more affordable and accessible. When you install a solar panel system, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Plus, there are often some regional incentives that you can use to further save. Our article on solar incentives has more detailed information on the incentives you can take advantage of in Squaw Valley.

Environmental Impact of Switching to Solar in Squaw Valley

Many want to do their part to help save the planet, which often is the main motivation to install a solar system. But how much can installing solar panels actually affect the environment? A significant thing to be mindful of is your overall carbon footprint. For example, if you have a long commute, your footprint may be bigger, so switching to solar power for your home can help offset that. When you go solar, your carbon dioxide emissions can be lowered by about 50 pounds every year. As you can see, investing in solar has so many other benefits besides saving money. One of the primary ones is that you can help save the Earth too.