17 Best Solar Companies in Eagle, CO (Sep 2022 Review)

The Cost and Benefits of Solar in Eagle

When deciding on a solar company, most homeowners or business owners care about the costs above all. Some key things that impact the cost and possible savings include:

• Typical energy usage: The more power your household consumes on average and the higher your current power bills are, the more money you could save by making the switch to solar.
• Your current power bills: Solar panels can noticeably decrease, or completely eradicate, your utility bills. In Eagle, you can save an average of $84 a month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $18,000 over the first 20 years with your solar panels, too.
• Choice of solar panels: The type of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.

Even though a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on several factors, including the kind of solar panels you get and your energy consumption.

Solar Incentives in Eagle

One of the benefits of installing a solar panel system is earning government incentives. State and city solar incentive programs depend on the location and, sometimes, utility company. Many states offer rebates for solar panels, in addition to the federal solar tax credit. You can find out about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Eagle

There are tons of reasons to trade traditional energy for solar energy, like saving money on electricity 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 Eagle, though. One thing to consider is your overall carbon footprint. For example, if you spend lots of time commuting to work and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. Once you go solar, your carbon dioxide emissions can be cut by about 100 pounds a year. The advantages of solar power are plentiful — just like solar power is! That's why so many people have been happy with committing to solar.