In an increasingly eco-conscious world, solar panels have become a mainstay for commercial and residential properties alike. Their ability to provide clean and reliable energy to edifices across the nation is a major draw for both business and property owners, but you may be left wondering exactly how much do solar panels in California cost.
As a business owner or commercial property manager, it’s important to weigh the cost and benefit of any product you may incorporate into your enterprise. Luckily for you, our team at Green Commercial Systems has up-to-date info on the current cost of solar panel acquisition and installation in California.
Before we get into a breakdown of solar panel expenses, let’s explore a few key benefits that factor into the overall cost of solar panels in California.
When considering the cost of solar panel installation, it’s critical to not get hung up on the lump sum you pay for acquisition and installation. Solar panels are an incredibly smart move, yielding high long term returns. In fact, on average, residential property owners who added solar panels to their residences saw their property value increase by about $15,000 and saw savings between $10,000 and $30,000 reflected on their energy bill—with similar returns yielded on commercial properties as well.
While the savings benefits of solar panels are alluring to any energy consumer, as a business owner or commercial property manager, you have even more to gain by cutting energy costs. Solar panels allow your properties to generate energy on their own, making you less reliant on the municipal power grid and thus drastically cutting your energy bill.
Moreover, many states offer solar rebates to incentivize clean energy consumption. California is one such state, offering various tax incentives and rebates to reduce the overall cost of installation.
In addition to significant cuts in monthly energy costs, solar panel owners can also take advantage of a process known as net metering. Net metering is essentially when your property generates more energy than it consumes, allowing you to then sell that energy back to your utility company in exchange for credits in your monthly bills—cutting your utility costs even further.
Now that you’re familiar with the various cost benefits of solar panel installation, you’re probably wondering what the initial costs are. The truth is, it varies. No two businesses are going to pay the same amount for solar panel installation.
On average, it costs roughly between $11,000 to $16,000 to install solar panels in the state of California. However, this costs varies between clients and is dependent on a number of factors—including everything from if you want to add carport shade structures for the benefit of customers and employees and where you plan to install your panels.
The best way to determine how much solar panel installation will cost you and your business is to reach out to a trusted provider for a quote today. Our team of experts at Green Commercial Systems can provide you with an accurate cost assessment based on the unique traits of your business. Our team of certified installers at Green Commercial Systems is ready to work with you to understand your needs and build you the best system possible—designed specifically for your business.
Get in touch today for a personalized quote and more information on the installation process!
