13 Best Solar Companies in Parker, CO (Aug 2022 Review)

The Cost and Benefits of Solar in Parker

Solar panels are powered by a free energy source — the sun — but to take advantage of this you will first need to pay to install your system. There are a few factors you should consider when trying to determine the overall cost and how much you can save, such as:

• Incentives: Tax-paying citizens who purchase and install a solar system this year can save 26% of their total solar spend by using the federal solar investment tax credit. You can also save about $20,000 on your energy bills over 20 years excluding incentives.
• Where your home is: This influences how much sunlight your roof gets, which helps determine how many panels you need.
• The make and model of solar panels you want: Higher-efficiency panels are more expensive, so that will influence your budget for your solar project.
• How much energy you use: If your home regularly uses a lot of energy, you'll reap more rewards from installing solar panels.

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

Solar Incentives in Parker

Because solar power is a cleaner source of energy than burning fossil fuels, there are a number of government incentives in place to encourage people to make the switch. On top of the federal tax credit incentive, there are also some local incentives, which in most cases, stack with the federal incentive, so you get to save even more. In the table below, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Parker

An important reason so many people are considering installing solar panels is to help bring down their environmental impact. But you may be wondering — how much exactly can you help the environment by going solar? Something that can drastically influence your carbon footprint is your commute time and how much you drive generally. If you install solar panels and have an electric car, you can greatly lower your carbon dioxide emissions by charging your car at home. In Parker, the average person can lower their carbon footprint by 100 pounds a year after going solar. If you care about the environment, you'll no doubt find that there are many good things about adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is priceless.