12 Best Solar Companies in Fountain, CO (Jun 2022 Review)

The Cost and Benefits of Solar in Fountain

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you first need to pay to set up your system. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 26% of your total installation cost, your 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 $24,000 over 20 years with your system, too.
• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Your home's orientation toward the sun: This, along with how your roof is set up, affects affect how much energy your solar panels can produce.
• average energy usage: The more electricity your home uses on average and the steeper your current electricity bills are, the more money you could save by switching to solar.

There are many great benefits of solar in spite of the initial cost of installation. It can help the environment and your bank account. In addition, it can increase the value of your home, resulting in even more benefits if you decide to sell your home later.

Solar Incentives in Fountain

One of the benefits of installing a solar panel system is receiving incentives from the government. On top of the federal tax credit incentive, there are also some state- and city-level programs, which in most cases, can be claimed in addition to the federal incentive, so you can save even more. The table below shows you the incentives you can benefit from in Fountain.

Environmental Impact of Switching to Solar in Fountain

Lots of people want to do what they can for the environment, which often is the primary motivation to install solar panels. But you may be curious — how much exactly can you help the planet by using solar power? For homeowners and business owners who care about the environment, going solar is an easy decision, especially since Fountain produces a very high amount of carbon dioxide emissions from its energy generation. In Fountain, the average household can lower their carbon footprint by 100 pounds a year after going solar. If you care about the environment, you'll most likely recognize that there are many good things about adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is invaluable.