16 Best Solar Companies in Westminster, CO (Mar 2023 Review)

The Cost and Benefits of Solar in Westminster

We get that for lots of homeowners, the decision to invest in solar highly depends on installation costs. A few important factors that affect the cost of installing solar panels on your home and how much it could save you over time include:

• Your energy consumption: If your household needs to use a lot of energy, you'll benefit more from installing solar panels.
• The amount of sunlight your home gets: Due to Westminster's very high amount of average daily sunlight, you should be able to save a lot on your electric bills.
• The model of solar panel system you can buy: This depends on how much you're willing to invest upfront.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $19,000 over the first 20 years with your solar system, too.

There are several great benefits of solar in spite of the upfront cost of installation. It can help the Earth and your wallet. Plus, it can increase the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in Westminster

Switching to solar power has lots of considerable benefits. Not only can it help protect the planet, but you can also save a decent amount of money on your installation with various government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much you paid for your solar installation on your tax return, reducing the amount of taxes you owe that year. Plus, there may be some state and city incentives that can save you some extra money too. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Westminster

An important reason so many consider going solar is to help reduce their environmental impact. Something many people might be thinking about is how much can they really help preserve the environment by switching to solar power anyway? The more power your family uses, the the more the environment will benefit from you switching to solar since you won't have to burn as many fossil fuels. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 100 pounds each year. As you can see, trading traditional energy for solar has so many other benefits outside of saving money. One of the main ones is that you can help save the Earth too.