11 Best Solar Companies in Severance, CO (Sep 2022 Review)

The Cost and Benefits of Solar in Severance

When choosing a solar company, most homeowners or business owners think about the costs the most. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Choice of solar panels: The kind of solar panels you want will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Your location: This affects how much sunlight your roof receives, which helps determine how many panels you need.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can benefit from. Additionally, you can save about $19,000 over 20 years on your utility bills, without incentives.
• Typical energy usage: The more energy your home consumes on average and the greater your current energy bills are, the more likely you'll benefit from going solar.

Solar is a profitable investment for most homeowners. You can make your own energy instead of paying for it from the grid and take advantage of solar tax credits and rebates, all while helping preserve the planet.

Solar Incentives in Severance

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you much money over several years due to reduced power bills and government incentives. These incentives mostly include cash rebates, tax breaks and/or performance-based incentives. They can lower the cost you pay for installing solar panels by 26 to 50% in some cases. Check out the table below to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Severance

One reason so many people consider going solar is to help lower their environmental impact. You may be asking yourself — how much does making the switch do for the environment anyway? The amount of energy you use is an important factor to consider. The more electricity your household consumes, the greater your impact when you switch to solar energy. While making solar panels releases carbon dioxide emissions, the panels make up for it by considerably lowering the amount of CO2 you would have released if you still used nonrenewable energy. In Severance, you can reduce your carbon footprint by 100 pounds a year with solar panels. As you can see, going solar has so many other perks apart from saving money. One of the main ones is that you can help save the planet too.