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

The Cost and Benefits of Solar in Milliken

For many people considering switching to solar, the decision of which solar company to go with depends on costs. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• The amount of sunlight your roof gets: This, plus your roof configuration, affects affect how much energy your solar panels can produce.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 30% of their total solar spend by using the federal solar investment tax credit. You can also save about $19,000 on your energy bills over 20 years excluding incentives.
• How much you spend on energy: The typical household in Milliken pays around $1,100 a year on home energy use alone, so you could end up with that much in savings.
• Electricity consumption: The average home in Milliken uses a decent amount of, and so may save on their energy bills.

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

Solar Incentives in Milliken

In order to increase the adoption of solar power, federal, state and local governments — and even some utility companies — offer incentives to help make switching to solar power more financially viable and accessible. When you install a solar panel system, you can take advatage of the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Plus, there may often be some state and city incentives that you can use to further save. Check out our article on solar incentives to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Milliken

If you're planning on adding solar panels to your home, one of the main reasons why may be to lower your carbon dioxide emissions. But you may be curious — how much exactly can you help the environment by going solar? If your household consumes lots of energy, you can help the environment even more by switching to solar power. In fact, if you install solar panels, you could expect to reduce your carbon dioxide emissions by about 100 pounds each year. As you can see, using solar power has so many other perks beyond saving money. One of the primary ones is that you can help save the environment too.