13 Best Solar Companies in Applewood, CO (Aug 2022 Review)

The Cost and Benefits of Solar in Applewood

When deciding on a solar company, most homeowners or business owners care about the costs the most. There are a few factors you should consider when trying to figure out the overall cost and how much you can save, such as:

• How much energy you use: If your home uses a lot of energy, you'll see more savings from installing solar panels.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 26% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $19,000 over the first 20 years with your system, too.
• The amount of sunlight your rooftop gets: Due to Applewood's very high amount of average daily sunlight, you should be able to save a lot on your electric bills.
• How much you spend on energy: The average family in Applewood shells out around $1,100 a year on home energy use alone, so you could be looking at that much in savings.

Solar is a valuable investment for most homeowners. You can make your own electricity instead of paying for it from the grid and take advantage of solar incentives, all while helping the planet.

Solar Incentives in Applewood

There are many reasons why going solar is a great investment. One of them involves some government incentives you can take advantage of. Local solar incentive programs vary by location and, sometimes, utility company. Many states offer rebates for solar power, in addition to the federal solar tax credit. You can learn about the incentives you can take advantage of in the table below.

Environmental Impact of Switching to Solar in Applewood

Going solar can have a positive effect on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Applewood, though. No matter where you are, you can help save the planet by switching to solar energy, but homes that consume lots of energy will have an even bigger impact. In fact, if you adopt solar power, you could expect to reduce your carbon dioxide emissions by about 100 pounds each year. If you want to do what you can for the environment, you'll no doubt recognize that there are many good things about adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is worth more.