18 Best Solar Companies in Highlands Ranch, CO (Jun 2022 Review)

The Cost and Benefits of Solar in Highlands Ranch

For many people considering switching to solar, the decision of which solar installer to hire comes down to how much it'll cost. A few important 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 are:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 26% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $19,000 over 20 years with your solar panels, too.
• Where your home is: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• System size and type: Some models are more pricy than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• How much energy your home consumes: Households that need lots of power each month may require more solar panels and, therefore, be more expensive, but will also enjoy more savings over time.

Because of the cost of solar panels being lower than before as well as several solar incentives, they are a worthwhile investment for most homeowners.

Solar Incentives in Highlands Ranch

To increase solar panel installation and usage, federal and local governments — and even some utility companies — offer incentives to help make going solar more financially viable and accessible. State and city solar incentive programs vary by location and, sometimes, utility company. A lot of states offer rebates for solar panels, in addition to the federal solar tax credit. For more information about local incentives, check out the table below.

Environmental Impact of Switching to Solar in Highlands Ranch

Making the switch to solar power is a profound way to do your part for a greener future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Highlands Ranch, though. No matter where you are, you can help protect the environment by switching to solar energy, but homes that consume a lot of energy will have an even bigger impact. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 100 pounds each year. Since energy from the sun is renewable and generates electricity without releasing carbon emissions, installing solar panels is one easy step you can take to help preserve the planet.