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

The Cost and Benefits of Solar in Centennial

Solar panels are powered by a free energy source — the sun — but to take advantage of this you will first need to pay to set up your panels. The cost and possible savings vary depending on some key factors such as:

• Incentives: Those who buy and install a solar energy system this year can save 26% of their overall solar costs by taking advantage of the federal solar investment tax credit. You can also save about $20,000 on your electricity bills over 20 years without incentives.
• Your income and budget: This shapes what type of solar panels you can buy.
• Whether or not your roof gets a lot of direct sunlight: This, plus your roof configuration, affects affect how much power your solar panels can generate.
• How much energy you use: If your household uses a lot of energy, you'll reap more rewards from switching to solar.

Though a solar panel system costs a good chunk of money upfront, it can save you much more over time. The question of how much, though, depends on several factors, like the amount of daily direct sunlight available and your current power bills.

Solar Incentives in Centennial

If you're planning on switching to solar energy, various government incentives and subsidies can greatly lower your project costs and speed up the return on your investment. In addition to the federal solar investment tax credit, there are also some state- and city-level incentives, which in the majority of cases, stack with the federal incentive, so you can save even more. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Centennial

There are many reasons to switch to solar power, like saving some money on utility bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Centennial, though. In a city like Centennial where energy use is rather high, going solar is a great plan for homeowners who are eco-conscious. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good alternative to traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 100 pounds each year. As you can see, going solar has so many other rewards beyond saving money. One of the main ones is that you can help save the environment too.