13 Best Solar Companies in Frederick, CO (Aug 2022 Review)

The Cost and Benefits of Solar in Frederick

For lots of homeowners, whether or not to invest in a solar energy system depends the most on the cost. A few key factors that dictate how much it will cost to install a solar panel system on your home and how much money you could save over time include:

• Your energy consumption: If your family uses a lot of energy, you'll see more savings from switching to solar.
• The model of solar panels you can afford: This depends on how much you're willing to spend upfront.
• 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. Aside from incentives, you can save an average of $20,000 over 20 years with your solar system, too.
• How much sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar system won't be able to generate as much energy, which will leave you with lower savings on energy bills than someone with a roof that gets lots of sunlight.

Solar is a rewarding investment for most homeowners. You can generate your own energy instead of paying for it from the grid and make use of solar incentives and rebates, all while helping preserve the environment.

Solar Incentives in Frederick

One of the benefits of installing a solar panel system is earning federal and potentially state incentives. There are a lot of federal, state and local rebates and tax credits that may earn you a decent amount of money in return after installing solar panels. Check out the table below to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Frederick

One of the best reasons to use solar energy is to reduce your reliance on nonrenewable energy sources like burning fossil fuels, which are destructive for the environment. You may be asking yourself — how much does going solar do for the environment anyway? Everyone can help the environment by switching to solar energy, but homes that use lots of energy will have a bigger impact. While solar panel manufacturing emits carbon dioxide, the panels make up for it by considerably reducing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Frederick, you can reduce your carbon footprint by 100 pounds a year with solar panels. As you can see, going solar has so many other benefits outside of saving money. One of the major ones is that you can help save the environment too.