16 Best Solar Companies in Aurora, CO (Aug 2022 Review)

The Cost and Benefits of Solar in Aurora

For lots of homeowners, the decision to invest in solar panels depends the most on the cost. There are a few factors you should take into consideration when determining how much it will cost and how much you can save, such as:

• Your income and budget: This affects what model of solar panels you can purchase.
• Energy consumption: Solar may be too steep of an option for households that don't consume too much energy each month.
• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar system won't be able to make as much energy, which will leave you with lower savings on electricity bills than a roof that gets lots of sunlight.
• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can result in an average of $20,000 of savings over 20 years.

Solar is a fruitful investment for most homeowners. You can produce your own energy instead of paying for it from a utility company and benefit from solar tax credits and rebates, all while helping preserve the Earth.

Solar Incentives in Aurora

One of the good things about installing a solar panel system is earning federal and potentially state incentives. On top of the federal tax credit incentive, there are also some state- and city-level incentives, which in most cases, stack with the federal incentive, so you can save even more. You can learn about the incentives you can take advantage of in the table below.

Environmental Impact of Switching to Solar in Aurora

One reason so many are considering adopting solar energy is to help reduce their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Aurora, though. Something that can dramatically shape your carbon footprint is your commute time and how much you drive generally. If you install solar panels and have an electric car, you can vastly cut back on your carbon dioxide emissions by charging your car at home. In fact, if you make the switch to solar power, you could be looking at reducing your carbon dioxide emissions by about 100 pounds each year. As you can see, investing in solar has so many other benefits apart from saving money. One of the primary ones is that you can help save the environment too.