Is Now A Good Time To Buy Solar Panels?
In a sunny climate like Southern California, installing home solar is a great way to save money on your energy costs while also contributing to a cleaner environment. But solar can be a large home investment, and we realize the upfront costs of going solar can be daunting. According to the Center for Sustainable Energy, a home system installed can range between $15,000 and $25,000. So the question many homeowners ask is: Is now a good time to buy solar panels?
Read MoreWho Is Eligible For SGIP?
California’s Self Generation Incentive Program (SGIP) is designed to help homeowners living in these impacted areas considered Fire Zones, to cover most of the costs associated with installing a home battery. This state initiative is a program paid for and available to the utility ratepayers of SDG&E, SoCal Gas, SCE, and PG&E.
Read MoreHow Much Does A 3×5 Solar Panel Cost?
Like most things part of a system, many costs come into play when breaking down the price of one component. Labor, operational costs, and additional electrical equipment, such as inverters are what determine the final price. Unless you’re replacing defective panels which are usually covered by a system’s warranty, the cost of a single 3×5 solar panel can vary.
Read MoreWas The Solar Tax Credit Extended?
As part of the extension, homeowners will continue to receive the current 26 percent credit for home solar projects that begin construction through the end of 2022.
Read MoreTake Advantage of Solar Energy Rebates
Both states and the federal government offer energy efficiency incentives in the form of energy rebates that homeowners with solar can take advantage of immediately.
Read MoreChoosing the Right Solar Power Financing Option
A solar panel installation can save Southern California homeowners thousands of dollars per year in electricity costs and over time, can actually make them money from the accumulation of solar power and the eventual sale back to the electric company.
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