15 Best Solar Companies in Broomfield, CO (Nov 2022 Review)

The Cost and Benefits of Solar in Broomfield

We get that for many homeowners, the choice to invest in solar depends on installation costs. A few important factors that influence the cost of installing a solar panel system on your home and how much it could save you over time include:

• Your home's power bills: Because of fairly high monthly energy bills in Broomfield, you could save about $1,100 a year with solar.
• How much energy you use: If your family needs to use a lot of energy, you'll see more savings from switching to solar.
• The amount of sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar panel system won't be able to make as much energy, which will give you lower savings on energy bills than a house with a roof that gets lots of sunlight.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $19,000 over the first 20 years with your solar panels, too.

So is a solar system worth it? Whether you want to lower your electric bills, carbon emissions or both, solar panels are a worthwhile investment for many Broomfield homeowners.

Solar Incentives in Broomfield

Switching to solar power has a lot of great benefits. Not only can it help protect the planet, but you can also save a decent amount of money on your installation with various government incentives. These incentives normally include cash rebates, tax credits and/or solar renewable energy credits. They can cut the cost you pay for going solar by 30%, upwards of 50% in some cases. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Broomfield

Installing solar panels can have a meaningful impact on the environment. But how much can using solar energy instead of traditional energy actually affect the environment? Everyone can help save the planet by switching to solar energy, but homes that consume more energy will have an even greater impact. In fact, if you adopt solar power, you could be looking at reducing your carbon dioxide emissions by about 100 pounds each year. The benefits of solar power are plentiful — just like solar power is! That's why so many people have been happy with using solar energy.