Residential Solar

The State of Colorado encourages homeowners to adopt solar energy in the form of several financial incentives. Many local utility companies in our state offer rebates to new solar customers, making the installation costs much more affordable.

State tax exemptions are also available to spur residential solar power in Denver. Residents can take advantage of initiatives that eliminate the sales tax from their installation and prevent homeowners from paying additional property taxes that arise since solar power increases their home’s value. A one-time, 26% federal investment tax credit can also help residential customers afford new solar power systems.

Plenty of other financial incentives are on the table for Colorado residents who choose solar energy. They range from state help with mortgage payments, loans for new home improvements, selling excess energy back through net metering, and the ITC federal tax credit that cuts the cost of a solar panel system.

Tax credits and financial incentives aren’t the only benefits of residential solar panels in Denver, which also include:

• Potential savings on energy bills

• Protection against rising energy costs with stored solar power

• Increase in your home’s property value

• Durable, long-lasting panels that require very little if any maintenance

• Protection of the environment through reduction of your carbon footprint

Solar power is versatile enough to be a solid choice for most homes. Nevertheless, there are several factors to consider before opting to install a residential solar power system in Denver.

Geography. Solar panels work directly with the sun, of course, so the more sun your property gets the more power you’ll collect. But even if your home is surrounded by trees, tall fences, or other shade, it’s still possible to generate a sufficient amount of energy with the use of a few additional devices and a well-built system.

Panel location. The most commonly known arrangement for solar panels is directly on rooftops, which get more exposure to the sun than most other parts of houses. But if your roof isn’t in the best condition to hold solar panels, it’s possible to install solar collectors in other areas of your property by simply mounting them onto a patch of empty ground.

Number of panels needed. Your home’s energy needs play the biggest part in deciding how many individual solar panels must be installed. The amount of wattage your home typically uses should be shown on your monthly bill. Other factors include the amount of sunlight your property usually gets over a given time, and the size and efficiency of certain types of panels.

Mounting materials. Whatever structure you use to mount solar panels should be able to accommodate the anchors, which are typically made from aluminum or steel.

How much solar energy costs. Different areas charge different rates. But with residential solar panel installation, customers usually have more options when it comes to financing and potential rebates than they do with traditional energy sources.