16 Best Solar Companies in Taft, CA (Mar 2023 Review)

The Cost and Benefits of Solar in Taft

Solar panels are powered by a free energy source — the sun — but to take advantage of this you will need to pay to set up your system. Some important things that influence the upfront cost and potential savings over time include:

• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. Plus, not including incentives, you can save about $31,000 over 20 years on your energy bills.
• The kind of solar panel system you can purchase: This hinges on your income and budget.
• Your household's power bills: Because of high monthly power bills in Taft, you could save about $950 a year with solar.
• Your home's orientation toward the sun: This, along with how your roof is set up, affects affect how much electricity your solar panels can make.

There are several great benefits of solar even with the initial cost of installation. It can help the environment and your wallet. In addition, it can boost the value of your home, giving you even more benefits if you want to sell your home later.

Solar Incentives in Taft

If you're planning on switching to solar energy, a number of government incentives and solar rebates can dramatically reduce your project costs and speed up the return on your investment. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much your solar project cost when you file taxes, reducing the amount of taxes you owe that year. Additionally, there may be some local incentives that can save you some extra money too. In our article on solar incentives, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Taft

A lot of people want to do what they can to help save the environment, which in many cases is the chief motivation to install solar panels. But how much can using solar energy instead of traditional energy actually affect the environment? In a place like Taft where commute times can be pretty long, installing solar panels can help offset some of your carbon dioxide emissions from driving a lot. Since solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good trade for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 50 pounds each year. If you care about the environment, you'll no doubt find that there are many benefits of adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is invaluable.