Is Solar Still Worth it in California in 2024?
California is a long-time leader in renewable energy and is currently ranked as the number one state in the country for solar panels. This past year, however, changes to California’s net metering laws have left many wondering whether solar panels are still worth the investment in 2024.
While net energy metering (NEM) 2.0 has certainly influenced the California solar industry, solar panels are still valuable. Not only do they get you away from PG&E and save you money on your electric bills, they also help you gain energy security and can even protect you against power outages when paired with solar battery storage.
Taylor Energy has been installing residential solar panels in California for over 14 years and has watched the solar industry go through many changes. The solar industry has reacted to the rate modification and solar is still a great investment, even without 1:1 net metering.
Why You Should Get Solar Panels in 2024
Long-Term Savings & Financial Benefits
NEM 3.0 doesn’t change the fact that solar panels save you money. With a residential solar panel system, you can generate your own electricity using free energy from the sun. Not only will you save money on your electric bills now, but you’ll also be protected against future rate increases. Solar panels last for 25-30 years or longer, so you will benefit from them for decades.
Electric bill savings
Protection against rising electricity costs
The cost of electricity in California is out of control and PG&E continues to raise its rates. If you’re fed up with PG&E and wish there was a better option, solar panels are the solution.
Save 30% with the Federal Solar Tax Credit
Did you know that the government will help pay for your solar panel installation? The solar tax credit—also known as the investment tax credit—is a federal solar incentive that reduces your income tax liability by 30% of your solar installation costs.
With the solar tax credit, you will recoup 30% of your upfront investment in the form of a tax credit as soon as you file your tax return for the year you install your solar panels.
Learn more about solar rebates and incentives.
Get Reliable Home Backup Power
There’s no denying the fact that the California electric grid is unstable. The grid has been under a lot of strain this year and in years past due to extreme weather, wildfires, and increased demand for electricity. As a result, power outages, PSPS, and flex power alerts have become the norm.
Solar panels with battery storage give you invaluable backup power during a grid outage so you can keep your essentials running. Backup power will keep you and your family safe and comfortable during a blackout, and if you have a well or septic system, it’s absolutely essential.
Future-Proof Your Home
California has ambitious goals to reach carbon neutrality by 2045. Electrification—the switch from fuel-burning appliances to electric appliances—is essential to meeting this goal. As plans move forward, gas appliances will be phased out and homeowners will be required to install all-electric versions, like heat pumps and heat pump water heaters.
As we come to power more and more of our lives with electricity rather than natural gas and other fossil fuels, solar panels become even more valuable. With a home solar system, you can power a heat pump and other all-electric appliances yourself, eliminating your gas bill and preparing your home for the all-electric future that’s coming.
Sonoma County’s Trusted Local Solar Installer: Taylor Energy
Installing solar panels is an investment and you should have an installer you can trust on the job. Taylor Energy is a highly experienced solar company with local expertise and access to some of the best brands in the solar industry, including Tesla Powerwall and FranklinWH solar batteries. We deliver best-in-class workmanship and service to help you go solar with ease. If you’re ready to get started, give us a call. We would be happy to tell you more about your options and help you decide whether solar panels are worth it for your home.
Find out if solar is worth it for your home. Call (707) 494-6008or contact us to schedule a free solar consultation.
Residential Solar
Get a free estimate for residential solar panel installation in Santa Rosa, Petaluma, Sebastopol, and surrounding areas. We are a Tesla Powerwall Certified Installer!
Rebates & Incentives
Save on your solar panel and solar battery installation with California solar incentives. Schedule a free solar consultation with Taylor Energy to learn more about the incentives you’re eligible for.
Commercial Solar
Cut operating costs and increase profit margins with commercial solar panels. Schedule your free commercial solar consultation with Taylor Energy today. We can help you find a solar solution that works for your business.
