Fresno is known for its warm, sunny climate. It gets more than 270 sunny days per year and ranks among the top cities in the nation for solar installation. Fresno residents have been using solar power since at least 1956. Suppose you’re curious about how to install a solar system in your home or business. In that case, this guide will provide an overview of everything you need to know about going solar in Fresno: from costs and benefits to financing options and local incentives.
A 1KW-Dc Solar System Can Produce Up to 1,300 Kilowatt Hours of Electricity Each Year
A kilowatt-dc (kW-dc) solar system is a standard unit of measurement for solar panels. A 1kW-dc system should generate approximately 1 kilowatt hour (kWh) per day on average—just under 300 kWh per month.
Solar Panels Cost
The average cost of solar panels will vary depending on the size of your system and the type of panels. A 5 kW system will cost between $6,000 and $10,000 to install on average, while a 10 kW system can range from $10,700 to $16,200 (or more).
To save money on installation costs, keep solar in Fresno by hiring a local company specializing in residential installations instead of large commercial projects. A high-quality installation with good materials will also reduce your bills over time because it’ll last longer than an inferior one without those benefits.
Solar Panel Warranties Last Between 20 and 25 Years
Solar panels have a long lifespan, and their warranties last between 20 and 25 years. When you buy solar panels, they come with a warranty that protects against manufacturing defects. The warranty length varies by manufacturer but generally lasts between 20 and 25 years.
Local Utility Companies Help Residents Offset Their Energy Costs When Using Renewable Energy
The state of Fresno has plenty of utility companies offering renewable energy incentives. These incentives come in many forms, from credits toward future energy bills to rebates on the cost of solar panels and other equipment.
The benefits are clear: installing a solar energy system at your home or business can earn money by selling your excess electricity back to the grid. This offset is especially valuable when it comes to reducing property taxes.
Depending on Your Budget and Preferences, You Can either Lease or Purchase a Solar System
With a lease, you pay the system’s cost to the company that installed it over a period of time—usually between 10 and 20 years. The price varies depending on what kind of system you get).
With purchase, you pay all costs upfront and then take advantage of federal tax credits and rebates available in your area. In addition to these incentives, some states also offer additional savings on renewable energy equipment through utility providers or local governments. This can be attractive if you want to save money on electricity bills over time.
Both Federal and State Governments Offer Financial Incentives for Homeowners Who Go Solar
An investment in a solar system can be written off as an itemized deduction on your federal income tax return. You’ll also benefit from accelerated depreciation, which means faster depreciation deductions on your tax return.
As a homeowner in Fresno, you’re lucky to be in an area with plenty of sunlight. The sun’s energy can be converted into usable electricity by solar panels, which will decrease your electricity costs and increase the value of your home.