16 Best Solar Companies in Westminster, CO (Aug 2022 Review)

The Cost and Benefits of Solar in Westminster

The cost of putting up a solar panel system has decreased greatly in the past several years, but it's still a large investment for most homeowners. The overall price and potential savings vary depending on a few important factors such as:

• Energy consumption: Installing a solar system may be too pricey an investment for families that don't consume a lot of energy per month.
• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save on your energy bills, which can lead to an average of $19,000 of savings over 20 years.
• The type of solar panel system you can buy: This hinges on how much you're willing to spend upfront.
• Average daily sunlight: Since Westminster gets lots of sunlight, your solar panel system will most likely be able to generate enough energy to power your whole home, which impacts how much you can save on your energy bills.

Though a solar panel system costs a decent chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on several factors, including the amount of daily direct sunlight available and your local electricity rates.

Solar Incentives in Westminster

Switching to solar power has many wonderful benefits. Not only can it help protect the planet, but you can also save a good amount of money on your installation with various government incentives. There are a lot of federal, state and local rebates and tax credits that can earn you a decent amount of money back after installing a solar panel system. For comprehensive information about local incentives, check out the table below.

Environmental Impact of Switching to Solar in Westminster

If you're thinking of adding solar panels to your home, one of the primary reasons why may be to lower your reliance on nonrenewable energy. But how much can installing solar panels actually affect the environment? In a city like Westminster where energy use is rather high, switching to solar energy is a good idea for those who are eco-conscious. In Westminster, the average homeowner can reduce their carbon footprint by 100 pounds a year once they go solar. If you want to do your part for the environment, you'll likely get that there are many advantages to adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is more valuable.