14 Best Solar Companies in Stonegate, CO (Aug 2022 Review)

The Cost and Benefits of Solar in Stonegate

For a lot of homeowners, whether or not you should invest in solar panels comes down to the cost. The overall price and potential savings vary depending on a few key factors such as:

• Choice of solar panels: The kind of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels are more expensive 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 go with a higher number of more affordable panels.
• Electricity consumption: The average home in Stonegate uses a decent amount of, and so may save on their energy bills.
• Incentives: Tax-paying citizens who install a solar system this year can save 26% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $20,000 on your electricity bills over 20 years excluding incentives.
• How much sunlight your roof gets: This, plus how your roof is set up, affects affect how much electricity your solar panels can generate.

So is buying solar panels worth it? Whether you hope to decrease your electricity costs, carbon emissions or both, solar panels are a solid investment for many Stonegate homeowners.

Solar Incentives in Stonegate

There are several reasons why adopting solar power is beneficial. One of them consists of some government incentives that can save you money. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially stack the ITC with other local incentives. In the table below, you can see the incentives you qualify for in Stonegate.

Environmental Impact of Switching to Solar in Stonegate

One of the most compelling reasons to use solar energy is to reduce your dependence on nonrenewable energy sources like burning fossil fuels, which are harmful for the environment. You may be asking yourself — how much does making the switch do for the planet anyway? A significant thing to consider is your overall carbon footprint. For example, if you spend a lot of time driving to work, your footprint may be greater, so adopting solar power for your house can help offset that. Though making solar panels releases carbon dioxide emissions, the panels make up for it by greatly reducing the amount of CO2 you would have released if you still used traditional energy. In Stonegate, you can reduce your carbon footprint by 100 pounds a year with solar panels. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.