If you are looking for an effective way to help lower your utility costs and to reduce your impact on the environment, the chances are good that you have at least considered installing solar panels. There are many little changes you can make to help improve energy efficiency and reduce environmental damage, such as opening your blinds during the day and turning off lights when you are not in the room, but if you want to make a real different, it can be worth it to consider the price for solar power versus the amount of money, energy, and carbon waste you can save over the life of your panels.
Is the Cost of Installing Solar Panels Worth It?
In today’s economy, budgets can be tighter than ever, and this leads many homeowners to ask if the cost of installing solar electric panels is really worth it. We all want to make a difference for the environment, but we want to make sure that we are doing so in a way that is also economically sustainable for us. Finding the perfect balance between cost and cost savings is important. Thankfully, California has a number of rebate and incentive programs that can help offset the cost of solar panel installation.
One of the biggest programs offered to residents of the state is the California Solar Initiative. With this solar rebate program, California consumers who are currently customers of Pacific Gas and Electric, Southern California Edison, or San Diego Gas & Electric, the three investor owned utilities, can receive rebates based on the performance level of the solar panels that they install. The budget for the program tops $2B, and it is set to remain in effect until 2016.
It is worth noting that the California Solar Initiative works in conjunction with the New Solar Homes rebate as well as many other federal and utility offered rebate programs. Taking the time to look at the options available might be able to help you offset more than half of the cost of your solar panel installation in the form of both utility and tax rebates. There are numerous programs out there, and many of them operate on a first come, first served basis. This means that the funding for the rebates will be paid to the first people to claim the credits, making it a good idea to weigh the option now rather than waiting until the rebates have expired or funding has been depleted.
If you are an Exeter, Corcoran, or Hanford area resident looking for the right team to help you consider solar panel installation, turn to JP Electric & Solar. Founded in 1978, we have worked on a wide range of projects and can help you determine whether or not solar installation is right for your needs. Take a look at some of the projects we have done or contact us today to find out what we can do to help you save money and the environment.