11 Best Solar Companies in Stratmoor, CO (Mar 2023 Review)

The Cost and Benefits of Solar in Stratmoor

For a lot of homeowners, whether or not to invest in solar panels comes down to the cost. Some significant things that impact the upfront cost and potential savings over time include:

• Your power bills: This will impact your savings. In Stratmoor, the average resident can save about $1,200 a year on their electricity bills.
• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar panel system won't be able to make as much energy, which will give you lower savings on power bills than someone with a roof that gets a lot of sunlight.
• Energy consumption: Installing a solar system may be a high-cost option for families that don't need a lot of energy a month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $23,000 over 20 years with your solar panels, too.

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 incentives and rebates, all while helping protect the planet.

Solar Incentives in Stratmoor

In order to increase the adoption of solar power, federal, state and local governments — and even some utility companies — offer incentives to help make solar power more affordable and accessible. When you install a solar panel system, you become eligible to claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Plus, there may often be some state and city incentives that you can use to further cut back on the cost of solar of solar panels. For detailed information about local incentives, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Stratmoor

Replacing nonrenewable energy with solar power is a profound way to do what you can for a more environmentally-friendly future. A question many might be thinking about is how much can they really help preserve the environment by going solar anyway? For people who want to help preserve the planet, going solar is an easy decision, especially since Stratmoor produces a very high amount of carbon dioxide emissions from its energy generation. In Stratmoor, the average homeowner can reduce their carbon footprint by 100 pounds a year once they go solar. The good things about solar power are infinite — just like solar power is! That's why so many homeowners have been happy with making the switch to solar.