13 Best Solar Companies in Parker, CO (Jan 2023 Review)

The Cost and Benefits of Solar in Parker

The cost of putting up a solar panel system has decreased immensely in the past few years, but it's still a significant investment for most homeowners. Some key things that determine how much it will cost and how much you could save include:

• Incentives: Those who install a solar system this year can save 30% of their total solar spend by using the federal solar investment tax credit. You can also save about $20,000 on your utility bills over 20 years without incentives.
• The kind of solar panels you're planning on getting: Higher-efficiency panels have higher prices, so that will influence your budget for your solar project.
• The amount of sunlight your area gets: Thanks to Parker's very high amount of average daily sunlight, you should be able to save a lot on your electricity bills.
• How much energy costs for you: If your local electricity rates are quite high, there's a better chance you'll end up with a higher return on your investment in a solar system. In Parker, you can save an average of $91 a month on your electricity bills.

Due to solar panels decreasing in cost as well as several solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Parker

If you're thinking about making the switch to solar energy, various government incentives and tax credits can immensely bring down the cost of the project and expedite the return on your investment. These incentives usually take the form of cash rebates, tax benefits and/or performance-based incentives. They can reduce how much you pay for going solar by 30%, upwards of 50% depending on your location. For comprehensive information about incentives that apply to you, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Parker

Going solar can have a beneficial impact on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Parker, though. Going solar is an impactful choice for the environment, due to the fact that the biggest source of greenhouse gas emissions in the country is from burning fossil fuels for electricity, heat, and transportation — all of which can be powered by solar instead. Although making solar panels emits carbon dioxide, the panels make up for it by significantly decreasing the amount of CO2 you would have produced if you still used nonrenewable energy. In Parker, you can reduce your carbon footprint by 100 pounds a year with solar panels. The great things about solar power are plentiful — just like solar power is! That's why so many homeowners have been happy with using solar energy.