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

The Cost and Benefits of Solar in Welby

For the majority of homeowners, whether or not you should invest in a solar energy system depends the most on the cost. The cost and possible savings vary depending on some important factors such as:

• Incentives: Those who buy and install a solar system this year can save 30% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $20,000 on your electricity bills over 20 years not including incentives.
• Your current electric bills: Solar panels can noticeably lower, or entirely eliminate, your utility bills. In Welby, you can save an average of $89 a month.
• Choice of solar panels: The kind of solar panels you want will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money 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.
• The amount of sunlight your roof gets: This, and the configuration of your roof, affects affect how much power your solar panels can produce.

Because of the cost of solar panels being lower than before as well as various solar incentives, they are a worthwhile investment for the majority of homeowners.

Solar Incentives in Welby

There are many good reasons why you should switch to solar. One of them includes some government incentives you can take advantage of. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly stack the ITC with other local incentives. Check out our article on solar incentives to see what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Welby

There are tons of reasons to make the switch to solar energy, like saving on electricity bills and helping to lower your carbon footprint. But how much can using solar energy instead of traditional energy actually affect the environment? If your household uses a lot of energy, you can help the environment even more by switching to solar energy. When you go solar, your carbon emissions can be lowered by about 100 pounds every year. Since solar power is renewable and makes electricity without a carbon footprint, installing solar panels is one easy step you can take to help protect the environment.