11 Best Solar Companies in Severance, CO (Jan 2023 Review)

The Cost and Benefits of Solar in Severance

Even though solar panels can save you a decent chunk of change on energy bills over time, it's necessary to take into consideration the upfront costs. The cost of solar and the savings it generates vary depending on a few key factors such as:

• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of your solar system installation from your federal taxes. Additionally, not including incentives, you can save about $19,000 over 20 years on your energy bills.
• Energy consumption: Installing solar panels may be too steep of an investment for homes that don't consume a good amount of energy per month.
• The amount of sunlight your roof gets: This, and the configuration of your roof, affects affect how much electricity your solar panels can generate.
• Choice of solar panels: The kind of solar panels you are interested in getting 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 you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.

Solar is a rewarding investment for most homeowners. You can produce your own electricity instead of paying for it from a utility company and benefit from solar incentives, 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 30%, upwards of 50% in some cases. Check out our article on solar incentives to learn what incentives are available to you.

Environmental Impact of Switching to Solar in Severance

Installing solar panels is a powerful way to do your part for a more eco-friendly future. You may be curious — how much do solar panels help the planet anyway? The more power your family uses, the better off the planet will be from you switching to solar since you won't have to rely on traditional energy sources as much. Though making solar panels releases carbon dioxide emissions, the panels make up for it by greatly decreasing the amount of CO2 you would have been responsible for if you still used traditional energy. In Severance, you can reduce your carbon footprint by 100 pounds a year with solar panels. As you can see, trading traditional energy for solar has so many other rewards besides saving money. One of the major ones is that you can help save the environment too.