13 Best Solar Companies in Columbine, CO (Jun 2022 Review)

The Cost and Benefits of Solar in Columbine

Even though solar panels can save you a good amount of money on electricity bills over time, it's necessary to take into consideration the upfront costs. The installation cost is just one important factor you should consider when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Electricity consumption: The average home in Columbine uses a decent amount of, and therefore may save on their energy bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 26% of your overall installation cost, your state or 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 20 years with your system, too.
• The cost of energy for you: If your local electricity rates are quite high, there's a better chance you'll have a higher return on your investment in solar panels. In Columbine, you can save an average of $85 a month on your electricity bills.
• The amount of sunlight your roof gets: This, along with the configuration of your roof, affects affect how much energy your solar panels can generate.

As a result of the cost of solar panels being lower than before as well as local and federal solar incentives, they are a sound investment for most homeowners.

Solar Incentives in Columbine

If you're planning on making the switch to solar energy, a number of government incentives and tax credits can greatly reduce the installation costs and expedite the return on your investment. In addition to the federal tax credit incentive, there are also some state- and city-level benefits, which in the majority of cases, can be claimed in addition to the federal incentive, so you can save even more. For comprehensive information about local incentives, check out the table below.

Environmental Impact of Switching to Solar in Columbine

Lots of people want to do their part for the environment, which for many is the primary reason for installing a solar system. But you may be curious — how much exactly can you help the planet by using solar power? A significant thing to be mindful of is your overall carbon footprint. For example, if you spend a lot of time driving to work, your footprint may be bigger, so switching to solar energy for your home can help offset that. In fact, if you install solar panels, you could be looking at reducing your carbon dioxide emissions by about 100 pounds each year. For people who care about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.