17 Best Solar Companies in Woodbridge, CA (Jan 2023 Review)

The Cost and Benefits of Solar in Woodbridge

The cost of putting up solar panels has gone down greatly in the past several years, but it's still a significant investment for most homeowners. The cost and possible savings vary depending on a few important factors such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $33,000 over the first 20 years with your system, too.
• The type of solar panels you want to get: Higher-efficiency panels are more highly priced, so that will affect your budget for your solar project.
• Energy consumption: Solar may be too steep of an investment for homes that don't use too much energy per month.
• The amount of sunlight your home gets: Thanks to Woodbridge's very high amount of average daily sunlight, you should be able to save a lot on your electricity bills.

There are several great benefits of solar even with the upfront cost of installation. It can help the planet and your finances. In addition, it can raise the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in Woodbridge

In an effort to increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make going solar more economical and accessible. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of your project costs on your tax return, lowering the amount of taxes you owe that year. Additionally, there may be some state and city incentives that stack with the ITC too. You can find out about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Woodbridge

There are a few important reasons why people want to invest in solar energy: for the good of their bank accounts and the planet. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Woodbridge, though. A significant thing to think about is your overall carbon footprint. For example, if you spend a lot of time driving to work, your footprint may be larger, so switching to solar energy for your home can help offset that. When you go solar, your carbon emissions can be reduced by about 50 pounds each year. If you care about 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 priceless.