17 Best Solar Companies in Greeley, CO (Jun 2022 Review)

The Cost and Benefits of Solar in Greeley

For many homeowners, whether or not you should invest in solar energy depends the most on the cost. Some important things that influence the upfront cost and potential savings over time include:

• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 26% of the project cost. Your state and city may also have incentives and rebates that you can benefit from. In addition, you can save about $19,000 over 20 years on your utility bills, before factoring in incentives.
• How much energy you use: If your home regularly uses a lot of energy, you'll reap more rewards from switching to solar.
• Your income and budget: This shapes what model of solar panels you can get.
• Average daily sunlight: Since Greeley gets lots of sunlight, your solar panel system will most likely be able to generate enough energy to power your whole home, which influences how much your electricity bills will be.

Though a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on several factors, such as the angle of your roof and your current power bills.

Solar Incentives in Greeley

One of the great things about installing a solar panel system is earning incentives from the government. These incentives normally take the form of cash rebates, tax breaks and/or solar renewable energy credits. They can reduce how much you end up spending on installing solar panels by 26 to 50% in some cases. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Greeley

There are a few big reasons why homeowners want to invest in solar energy: to put more money in their bank account and to help the planet. But how much can switching to solar actually affect the environment? An important thing to consider is your overall carbon footprint. For example, if your commute is very long, your footprint may be larger, so switching to solar energy for your house can help offset that. While solar panel manufacturing emits carbon dioxide, the panels make up for it by significantly reducing the amount of CO2 you would have released if you still used traditional energy. In Greeley, you can reduce your carbon footprint by 100 pounds a year with solar panels. For people who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.