14 Best Solar Companies in Stonegate, CO (Jan 2023 Review)

The Cost and Benefits of Solar in Stonegate

For most homeowners, whether or not to invest in a solar energy system comes down to the cost. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• How much sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar panels won't be able to make as much energy, which will give you lower savings on electric bills than someone with a roof that gets lots of sunlight.
• Your home's power bills: Because of fairly high monthly energy bills in Stonegate, you could save about $1,100 a year with solar.
• Incentives: The federal solar investment tax credit, which can save you some money, 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 $20,000 over 20 years on your energy bills.
• The model of solar panels you can purchase: This depends on how much you're willing to invest upfront.

Thanks to solar panels decreasing in cost as well as local and federal solar incentives, they are a worthwhile investment for the majority of homeowners.

Solar Incentives in Stonegate

To increase solar panel installation and usage, federal, state and local governments — and even some utility companies — offer incentives to help make switching to solar power more economically viable and accessible. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of your project costs when you file taxes, lowering the amount of taxes you owe that year. Additionally, there may be some local incentives you can benefit from too. Take a look at our article on solar incentives to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Stonegate

Going solar can have a positive effect on the environment. You may be trying to figure out — how much does making the switch help the planet anyway? A key thing to think about is your overall carbon footprint. For example, if you have a long commute, your footprint may be larger, so switching to solar energy for your home can help offset that. Because solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good alternative to traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 100 pounds each year. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.