15 Best Solar Companies in El Jebel, CO (Sep 2022 Review)

The Cost and Benefits of Solar in El Jebel

Solar panels run off a free energy source — the sun — but before you can take advantage of this you first need to pay to install your system. Some important things that impact the cost and possible savings include:

• How much sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar panels won't be able to generate as much energy, which will leave you with lower savings on power bills than a house with a roof that gets a lot of sunlight.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently 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. Excluding incentives, you can save an average of $20,000 over the first 20 years with your system, too.
• Your income and budget: This guides what type of solar panels you can get.
• Your power bills: This will impact your savings. In El Jebel, the average resident can save about $1,100 a year on their electricity bills.

There are several great benefits of solar in spite of the upfront cost of installation. It can help the planet and your finances. In addition, it can increase the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in El Jebel

Although installing solar panels is typically a large investment, it can save you a significant amount of money over many years because of lower energy bills and government incentives. There are several federal, state and local rebates and tax credits that may earn you a decent amount of money back after paying for a qualifying system. For comprehensive information about local incentives, see the table below.

Environmental Impact of Switching to Solar in El Jebel

There are many reasons to trade traditional energy for solar power, like saving some money on utility bills and helping to reduce your carbon footprint. But how much can using solar energy instead of traditional energy actually affect the environment? The more energy your family uses, the better off the planet will be from you switching to solar since you won't need to burn as many fossil fuels. While solar panel manufacturing emits carbon dioxide, the panels make up for it by considerably decreasing the amount of CO2 you would have produced if you still used traditional energy. In El Jebel, you can reduce your carbon footprint by 100 pounds a year with solar panels. For people who care about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.