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

The Cost and Benefits of Solar in Genesee

For many homeowners, whether or not you should invest in solar panels boils down to the cost. A few main factors that affect the cost of installing solar panels on your home and how much it could save you over time include:

• The amount of sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar system won't be able to make as much energy, which will leave you with lower savings on energy bills than a roof that gets lots of sunlight.
• 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 installing your solar panel system from your federal taxes. Additionally, not including incentives, you can save about $20,000 over 20 years on your energy bills.
• Choice of solar panels: The kind of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels will cost more 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.
• Typical energy usage: The more energy your household uses on average and the larger your current energy bills are, the more benefits you'll see from making the switch to solar.

Solar is a worthwhile investment for most homeowners. You can make your own power instead of paying for it from a utility company and benefit from solar incentives, all while helping protect the environment.

Solar Incentives in Genesee

Although solar power is typically a big investment, it can save you a lot of money over time due to smaller utility bills and government incentives. On top of the federal solar investment tax credit, there are also some state- and city-level benefits, which in almost all cases, stack with the federal incentive, so you can save even more. In our article on solar incentives, you can find out about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Genesee

If you're thinking of adding solar panels to your home, one of the main reasons why may be to reduce your greenhouse gas emissions. Something many might be thinking about is how much can they really help protect the environment by switching to solar power anyway? No matter where you are, you can help save the planet by switching to solar energy, but homes that consume a lot of energy will have a bigger impact. In fact, if you adopt solar power, you could reduce your carbon dioxide emissions by about 100 pounds each year. If you want to do what you can for the environment, you'll likely find that there are many good things about adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is more valuable.