Why yes, yes, they are. In beautiful, sunny Oakland there is no better time to start harnessing the power of the sun. No matter what your household income is, solar panels make sense and will undoubtedly save you money in the long run. And hey, don’t forget the added bonus of saving the Earth by switching to renewable energy.
But really, how affordable are solar panels in Northern California?
On average over the last two years a complete 4.2-kilowatt solar photovoltaic system has cost about $16,128 for the system and installation before any incentives.
This translates to about $4 per watt. Cost per watt is a form of pricing you may see when considering different solar options. This seems like a lot to pay up front, but our federal government offers a tax credit to help you out. The Investment Tax Credit (ITC) offers a 30 percent tax credit for residential and commercial properties investing in solar energy systems.