16 Best Solar Companies in Rifle, CO (Sep 2022 Review)

The Cost and Benefits of Solar in Rifle

We know that for many homeowners, the choice to invest in solar rests on installation costs. The overall price and potential savings vary depending on a few important factors such as:

• Your current electricity bills: Solar panels can significantly lower, or completely eliminate, your utility bills. In Rifle, you can save an average of $83 a month.
• Average daily sunlight: Since Rifle 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.
• The type of solar panels you're planning on getting: More high-tech panels are more highly priced, so that will determine your budget for your solar project.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of your solar system installation from your federal taxes. Plus, not including incentives, you can save about $18,000 over 20 years on your energy bills.

So are solar panels worth it? Whether you hope to lower your electric bills, greenhouse gas emissions or both, solar panels are a solid investment for many Rifle homeowners.

Solar Incentives in Rifle

To increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make going solar more economically viable and accessible. When you install a solar panel system on your house, 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. In addition, there may often be some regional incentives that you can use to further cut back on the cost of solar of solar panels. For comprehensive information about incentives for homeowners in Rifle, see the table below.

Environmental Impact of Switching to Solar in Rifle

Installing solar panels can have a positive effect on the environment. Something many homeowners might have in mind is how much can they really help save the environment by switching to solar power anyway? If your household consumes a lot of energy, you can have an even greater impact on the planet by switching to solar power. Even though making solar panels emits carbon dioxide, the panels make up for it by greatly decreasing the amount of CO2 you would have released if you still used nonrenewable energy. In Rifle, you can reduce your carbon footprint by 100 pounds a year with solar panels. If you want to do your part for the environment, you'll likely get that there are many good things about adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is more valuable.