16 Best Solar Companies in Gleneagle, CO (Sep 2022 Review)

The Cost and Benefits of Solar in Gleneagle

The cost of putting up a solar panel system has gone down immensely in the past few years, but it's still a substantial investment for most homeowners. Some key factors that influence how much it will cost to install solar panels on your home and how much it could save you over time include:

• The kind of solar panels you're planning on getting: Some are more highly priced, so that will shape your budget for your solar project.
• Incentives: Those who buy and install a solar energy system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $23,000 on your utility bills over 20 years excluding incentives.
• average energy usage: The more power your household consumes on average and the steeper your current power bills are, the more benefits you'll see from switching to solar.
• The amount of sunlight your rooftop gets: Because of Gleneagle's very high amount of average daily sunlight, you should be able to save a lot on your energy bills.

There are lots of great benefits of solar even with the upfront cost of installation. It can help the environment and your wallet. Plus, it can increase the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in Gleneagle

If you're considering making the switch to solar power, several government incentives and subsidies can dramatically bring down the cost of the project and speed up the return on your investment. On top of the federal solar investment tax credit, there are also some state- and city-level benefits, which in the majority of cases, stack with the federal incentive, so you can save even more. In the table below, you can see the incentives you qualify for in Gleneagle.

Environmental Impact of Switching to Solar in Gleneagle

If you're thinking of adding solar panels to your home, one of the major reasons why may be to reduce your carbon footprint. You may be trying to figure out — how much does making the switch do for the environment anyway? Regardless of your location, you can help save the environment by switching to solar energy, but homes that use more energy will have a greater impact. Because solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good trade for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 100 pounds each year. If you care about the environment, you'll most likely understand that there are many advantages to adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is priceless.