12 Best Solar Companies in Superior, CO (Aug 2022 Review)

The Cost and Benefits of Solar in Superior

Although solar panels can save you a decent chunk of change on power bills over time, it's necessary to consider the upfront costs. Some significant things that impact how much it will cost and how much you could save include:

• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 26% of the project cost. Your state and city may also have various incentives that you can benefit from. Plus, you can save about $18,000 over 20 years on your utility bills, without incentives.
• How much power your household needs: If your household regularly uses a lot of energy, you'll see more savings from installing solar panels.
• How much sunlight your roof gets: If your roof gets limited direct sunlight, your solar panel system won't be able to generate as much energy, which will leave you with lower savings on power bills than a house with a roof that gets plenty of sunlight.
• Choice of solar panels: The type 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 you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.

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

Solar Incentives in Superior

In order to increase solar panel installation and usage, federal and local governments — and even some utility companies — offer incentives to help make solar power more financially viable and accessible. When you install solar panels on your home, you can take advatage of the federal tax credit, or ITC. This credit currently lowers your tax bill by 26% of the cost of your solar panels. Additionally, there are often some local incentives that you can take advantage of to further cut back on the cost of solar of solar panels. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Superior

One of the reasons so many people consider installing solar panels is to help lower their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Superior, though. If your family uses lots of energy, you can help the environment even more by switching to solar energy. Since solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good swap for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 100 pounds each year. For people who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.