Even though the federal solar tax credit has ended, Bakersfield homeowners looking to reduce energy costs still have strong reasons to consider solar. Rising utility rates and innovative financing options are making solar more accessible and affordable than ever.
Understanding the Post-Tax Credit Solar Landscape
The 30% federal tax credit for residential solar systems expired in early 2026, causing many to wonder if solar remains a smart investment. Despite this change, data from EnergySage shows the solar market in California remains resilient. Homeowners are responding to increasing electricity prices by exploring new ways to finance solar installations, keeping solar a viable option.
Why Rising Utility Rates Make Solar a Smart Choice
Electricity rates in California are among the highest in the nation, reaching approximately 35 cents per kilowatt-hour. This trend is especially impactful in Bakersfield, where utility rate hikes continue to increase monthly bills. Solar energy offers a way to lock in lower energy costs and reduce dependence on fluctuating utility prices.
Exploring New Financing Options Like PPAs and Leases
With the federal tax credit no longer available, upfront solar costs can seem daunting. However, financing options such as Power Purchase Agreements (PPAs) and solar leases have expanded significantly. According to EnergySage, about 41% of solar installers now offer these third-party ownership models, which allow homeowners to benefit from solar without the large initial investment.
In California, these PPAs can provide electricity at rates up to 59% below traditional utility rates, making solar more affordable on a monthly basis. Pre-paid lease-to-own options also offer substantial savings compared to cash purchases, helping homeowners manage costs effectively.
How Bakersfield Homeowners Can Calculate Their Potential Savings
To understand the financial benefits of solar, Bakersfield homeowners should consider:
- Current electricity usage and monthly utility bills
- Available financing options and their terms
- Local solar installation quotes and incentives
- Potential savings from reduced utility rates via solar energy
Using tools like EnergySage’s solar marketplace can help homeowners compare multiple quotes and financing plans tailored to Bakersfield’s market, ensuring they find the best fit for their budget and energy needs.
Next Steps to Start Your Solar Journey
Solar remains a powerful way for Bakersfield homeowners to control energy costs despite the end of the federal tax credit. The combination of rising utility rates and expanded financing options means solar is still within reach.
If you’re considering solar, the best first step is to schedule a free solar savings evaluation. This personalized assessment will help you understand your potential savings and explore financing options suited to your home.
Take Action Today
Don’t let the end of the federal tax credit deter you from going solar. Bakersfield’s solar market has adapted, offering affordable pathways to clean, reliable energy. Schedule your free solar savings evaluation with Encharge Energy to see how solar can benefit your home and budget.