16 Best Solar Companies in Englewood, CO (Mar 2023 Review)

The Cost and Benefits of Solar in Englewood

Solar panels run off a free energy source — the sun — but to take advantage of this you must first pay to install your system. There are a few factors you should take into consideration when trying to figure out costs and your potential savings, including:

• How much power your household consumes: Households that need a lot of power each month may require more solar panels and, therefore, more upfront cost, but will also save more on their energy bills over time.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of your solar system installation from your taxes. Plus, not including incentives, you can save about $20,000 over 20 years on your energy bills.
• Where your home is: This influences how much sunlight your roof gets, which helps determine how many panels you need.
• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.

Solar is a valuable investment for most homeowners. You can generate your own power instead of paying for it from the grid and take advantage of solar tax credits and rebates, all while helping preserve the Earth.

Solar Incentives in Englewood

There are many reasons why adopting solar power is beneficial. One of them involves some government incentives that can save you money. There are quite a few federal, state and local rebates and tax credits that may earn you some money in return after paying for a solar panel system. Our article on solar incentives has more detailed information on the incentives you can take advantage of in Englewood.

Environmental Impact of Switching to Solar in Englewood

Making the switch to solar power is a compelling way to do what you can for a cleaner and more sustainable future. You may be trying to figure out — how much do solar panels help the environment anyway? How much energy you use is a key factor to think about. The more energy your home uses, the bigger your impact when you make the switch to solar power. Since solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 100 pounds each year. If you want to do your part for the environment, you'll most likely find that there are many advantages to adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is worth more.