15 Best Solar Companies in Welby, CO (Aug 2022 Review)

The Cost and Benefits of Solar in Welby

The cost of putting up solar panels has gone down significantly over the past few years, but it's still a substantial investment for most homeowners. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Your city: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save on your utility bills, which can give you an average of $20,000 of savings over 20 years.
• System size and type: Some models are more pricy than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• average energy usage: The more power your home consumes on average and the larger your current power bills are, the more money you could save by switching to solar.

As a result of solar panels decreasing in cost as well as several solar incentives, they are a worthwhile investment for many homeowners.

Solar Incentives in Welby

There are lots of reasons why you should switch to solar. One of them involves some government incentives that can save you money. When you install solar panels on your home, you can take advatage of the federal tax credit, or ITC. This credit currently reduces your tax bill by 26% 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. The table below shows you the incentives you can take advantage of in Welby.

Environmental Impact of Switching to Solar in Welby

There are lots of reasons to trade traditional energy for solar energy, like saving some money on utility bills and helping to lower your carbon footprint. A question many homeowners might be thinking about is how much can they really help protect the environment by switching to solar power anyway? If your household uses a lot of energy, you can have an even greater impact on the planet by switching to solar energy. Although 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 Welby, you can reduce your carbon footprint by 100 pounds a year with solar panels. The perks of solar power are abundant — just like solar power is! That's why so many Welby residents have been happy with using solar energy.