SWITCHING TO SOLAR in fresno: why it makes more sense than ever
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Instant Solar Estimate
Enter your average electric bill:$Your average monthly bill is $, which means you use using approximately annual KWH on the PGE Resedential E-1 Plan. From this data, to offset % of your usage, you would need an install size of KW. This system would lower your monthly payment to $ ($0 down 20 year financing at % APR), or a total cost of $ after a % tax credit.*
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The time is now
If you’ve been thinking of going solar, now’s the perfect time. And Fresno’s the perfect place. Here’s why.
It’s never been more affordable
The cost of solar panel installation has dropped by 23% in the past five years. By comparison, residential electricity prices rise by an average of 3% every single year. So you can expect to save a good deal of money when you switch to solar. In fact, depending on where you live and the size of your home, installing a home solar system can lower your electric bill by up to 50%.
Make a wise investment
A typical solar power system lasts 30 years and pays for itself after only six years. That’s almost two decades of free power. It’s one reason why solar systems can significantly increase your property value. Add it all up, and solar is one of the smartest investments you can make.
Net metering: Like energy in the bank
Solar energy systems often produce more power than you need. That’s a terrific problem to have. If you take part in net metering, this excess power can be routed back into the grid. In return you’ll receive a credit, which will help offset the cost of any power you draw from the grid yourself.
Tax credit anyone?
Here’s another way solar can save you cash. If you purchase a solar energy system before the end of 2020, you’ll receive an investment tax credit (ITC) that allows you to deduct 26% of the cost of your system from your federal taxes. But now’s the time to act. This rate falls every year and is expected to drop to zero by the end of 2021.
Produce your own reliable power
If you live in the greater Fresno area, you’re no stranger to power shut-offs caused by wildfire threats. When combined with battery storage system, solar panels are a great line of defense against blackouts.
*This is not an offer for financing nor a commitment to lend. You must apply directly with the lender. Financing is subject to underwriting and approval. Your actual available terms and rates may vary. Incentives and tax savings are estimates, intended only for illustration purposes, and are not guaranteed. Your results may vary from the figures shown. You should consult your tax advisor to determine whether you are eligible for tax benefits.