Solar energy is becoming more popular than ever before, and many residents of Fresno County are interested in adding a solar power system to their home or business. All environmental concerns aside, many people want to know if solar power is worth it in terms of money saved. To help guide your decision, we’ll explain how much an individual can expect to save through a solar energy system and what solar can do for Fresno businesses.
Fresno is an ideal area for those looking to make the solar energy transition. While the U.S. average is 205 days of sun, Fresno gets about 271 — and precipitation is limited to about 48 days per year. That means your solar panels will be able to operate at a higher efficiency and produce more energy than in many other areas in the country, so you’ll know you’re getting your money’s worth.
Let’s take a look at some Fresno County solar statistics to give you an idea of solar as an investment. As of early 2023, the average time it takes to recoup the cost of solar panel installation is just over five years. Over the course of 20 years — not counting the fluctuation in energy costs — homeowners can save over $60,000 on electricity costs. Given that solar energy systems can easily last 30 years or longer, that’s an immense return on your investment.
While business owners can expect a similarly high return on investment, pinning down the exact number is much more complicated than it is with the average home. A small retail business, for example, will need far fewer solar panels to make a dent in electric costs than a business where operations involve heavy machinery or significant refrigeration needs. That said, all Fresno businesses can benefit from a reduction in electricity costs and can take advantage of the 30% federal investment tax credit on commercial solar installation.
The bottom line is that going solar in Fresno County will save you thousands of dollars in the long run, whether you’re doing it for your home or making an investment in your business. Whether you’re interested in a small, simple array or want a commercial-scale system that features energy storage and performance monitoring features, Simply Solar can help you get there.
Call us today at (707) 285-7037 or contact us online to get all the information you need to benefit from solar installation in Fresno.