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Our solar panels have 25-year warranty — quietly converting sunlight to energy for decades to come. Optimum hardware and design achieve this by securing the panels close to your roof and to each other for a sleek, pleasing aesthetic.
How Solar Works: When sunlight strikes the cells of a solar panel, it causes the electrons to flow, creating an electrical current. This energy is channeled into an inverter where it is converted from direct current (DC) power to alternating current (AC) power to provide energy to your home. As part of California, Marina Del Rey residents are ideal candidates for optimal solar energy absorption. When you choose to have a grid-tied solar system installed, you’ll receive a credit for the excess energy you produce, effectively reducing or eliminating your utility bill.
The 30% Solar Investment Tax Credit has been extended through 2034! This means homeowners in Marina Del Rey CA can receive a 30% tax credit through 2032. Then in 2033 and 2034, it will go down to 26% and 22%, respectively, before going away in 2035. Commercial solar installations in Marina Del Rey can still benefit from a 30% credit through 2o24.
Keep in mind that a tax credit works differently than a tax deduction. A credit means you’ll be that your tax liability will be washed away on your taxes for the qualified amount. For example, if you pay $20,000 for a 6kW solar system in the current tax year, you’ll be credited $6,000 on your that year’s tax returns, bringing the cost of your unit down to $14,000 WHILE saving $6000 in taxes!
Solar panel installation provides Marina Del Rey residents and business owners with a relatively quick ROI by immediately reducing or eliminating your electric bill and adding tax-exempt value to your home or property. This is true even if you have a loan, as your monthly loan payment is typically less than your monthly electric bill. On average, the value added to your home is approximately 4.1%, according to a Zillow analysis conducted in 2019.
How much money can you save with solar in Marina Del Rey? Typically your solar system will generate more power than you need. With a grid-tied solar system, whatever power isn’t used by you is sent back to the grid. You receive a “credit” from your utility company for providing them with power, essentially causing your meter – and your power bill – to run backwards, in a process known as “net metering.” This makes it possible to save money on your electric bill with solar or even to entirely eliminate it; and, as an added bonus, if you send out more power than you use, at the end of the year, residents of Marina Del Rey CA receive a check for the difference!
The price you pay for solar depends on many factors:
The bigger your solar panel system, the pricier it will be. Importantly, the average per-unit price for solar decreases with increasing system size.
Like any product or appliance, solar panels come in varying quality which can be highly dependent on brand.
The type of panel you install (typically monocrystalline, polycrystalline, or thin-film) directly impacts the overall quality of your installation. Higher quality = higher prices.
The cost of a solar panel installation doesn’t just come from equipment. Your solar installer will also charge for the difficulty of the installation, meaning if you have a complex roof your system may cost more.
Solar companies all charge different labor rates for their work. You may opt to pay more for a more reputable company with better reviews and a shorter time period until installation.
While it’s not a large factor, paying for permits and your interconnection fee to the grid will add a little to the top of your total solar installation price.
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