Before purchasing a photovoltaic (PV) system consider simple low-cost options to save energy. Roseville Electric Utility’s Ways to Save guide, can help you lower your energy bill with simple low-cost options. Let’s continue our discussion of PV systems.
Your first question is probably “How much does a solar system cost?” The cost of a PV system varies significantly depending on your energy usage, the size of your home, local regulations, how large of a PV system you want, and optional features like battery storage. The National Renewable Energy Laboratory estimates a median PV system in California costs $21,000.
Another consideration for PV systems are tax credits. The Inflation Reduction Act extended the federal government tax credit for solar systems through 2032. Talk to a tax professional to determine if you qualify.
Now that we have a rough idea of the cost, let’s discuss the financial benefit of a PV system.