14 Best Solar Companies in Dakota Ridge, CO (Mar 2023 Review)

The Cost and Benefits of Solar in Dakota Ridge

Solar panels run off a free energy source — the sun — but to take advantage of this you must first pay to set up your panels. There are a few factors you should consider when trying to determine how much it will cost and how much you can save, including:

• How much sunlight your roof gets: This, along with how your roof is set up, affects affect how much energy your solar panels can produce.
• Your income and budget: This determines what kind of solar panels you can buy.
• Your power bills: This will influence how much you can save. In Dakota Ridge, the average resident can save about $1,100 a year on their electricity bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% 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. Not including incentives, you can save an average of $20,000 over the first 20 years with your solar system, too.

Due to solar panels decreasing in cost as well as various solar incentives, they are a cost-effective investment for many homeowners.

Solar Incentives in Dakota Ridge

In order to increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make switching to solar power more financially viable and accessible. These incentives typically consist of cash rebates, tax benefits and/or solar renewable energy credits. They can cut how much you end up spending on installing solar panels by 30%, upwards of 50% depending on your location. In our article on solar incentives, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Dakota Ridge

Replacing nonrenewable energy with solar power is a good way to do your part for a more environmentally-friendly future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Dakota Ridge, though. No matter where you are, you can help save the planet by switching to solar energy, but homes that use more energy will have a bigger impact. After you go solar, your carbon emissions can be reduced by about 100 pounds a year. If you want to do your part for the environment, you'll likely get that there are many benefits of adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is worth more.