How And Why To Save Big With Solar Panels in Los Angeles

Living in L.A. offers lots of advantages. But of course, with great privilege comes great responsibility. The cost-of-living index in Los Angeles is 46% above the national average,¹ and the median listing price of a home hovers around $795,000;² so it makes perfect sense why L.A. residents are eager to find ways to make life in the big city financially sustainable.

The price of a typical residential electric bill alone is roughly 10% higher compared to other states,³ and according to recent data from the Energy Information Administration (EIA), prices will continue rising across the nation.⁴

Fortunately, this land is blessed with the sun’s constant presence — receiving almost  285 sunny days per year.⁶ A phenomenal amount of money-saving power for homeowners who are looking to offset their energy expenses.  

Los Angelenos Are Getting Solar Smart

When it comes to solar in Los Angeles, you don’t need to be a celebrity to afford a photovoltaic (PV) installation for your home. In fact, solar costs have plummeted in the U.S.,⁷ making the switch to clean, renewable energy now more affordable than ever. A move which translates into thousands of dollars in savings over the next two to three decades.

On top of the savings you’ll generate from your roof, Los Angeles residents are eligible for top-notch solar incentives: A 30% federal tax credit, a Net Energy Metering (NEM) program (allowing homeowners to receive credits for the excess energy their systems produce), as well as the country’s second-best property tax exemption.⁸

Easy on the Pocketbook, Easy on the Conscience, Solar for Little to $0 Down

Going solar is also a significant contribution toward lightening the load on the planet.⁹ By adopting a clean source of energy, you’ll be on the front lines to address the glaringly obvious environmental concerns in Los Angeles such as air pollution and air quality.¹⁰

Picture this, in America, approximately 29% of carbon dioxide (CO2) emissions come from the electricity sector, and the vast majority are linked to fossil fuels such as natural gas and coal,¹¹ a contributing factor in climate change. In contrast, solar is a non-polluting source of power, and it doesn’t emit any greenhouse gases as your PV system produces electricity.