Is Colorado Good For Solar Panels
However the tax credit is set to step down to 22 at the end of 2020.
Is colorado good for solar panels. The state was the first in the nation to establish a renewable portfolio standard for its electric utilities. This means in order to maximize your savings potential the best time to go solar in colorado springs is now. You can immediately lower your monthly bills feel good about where you power is coming from. Integrated hardware and simple design achieve this by securing the panels close to your roof and to each other for a minimal aesthetic.
How are you financing your solar panel system. Colorado consumers typically obtain varying amounts of solar power from rooftop solar community solar gardens and larger. Keep in mind the numbers above are based on an average home in colorado. Colorado ranked 11th in the nation for installed solar capacity with 925 8 mw of solar energy installed as of 2016.
Colorado is home to more than 454 solar companies employing about 6 000 people throughout the state. The most significant incentive to install solar panels in colorado springs is the 26 federal tax credit. Whether you choose to buy or lease your solar panels will have a major impact on your system s long term value. Aside from the power output and efficiency of the solar equipment you choose to install the amount of energy you generate with solar panels in colorado is directly related to the amount of sunlight that hits your panels.
Simply sign up for personalized assistance on our special solar deals page. Our solar panels are low profile and durable quietly converting sunlight to energy for decades to come. Thus the output for each solar panel in your array would. Colorado is one of the best states to live in and because the people who live there care about the natural environment it s also one of the best places to add solar panels to your home.
The state has a commitment to get 100 of electricity from renewable sources by 2050 and you can be a part of that. While solar leases and power purchase. For the sake of example if you are getting 5 hours of direct sunlight per day in a sunny state like california you can calculate your solar panel output this way. More than 510 million in colorado solar investments were made in 2016.
If you have enough to make a purchase in cash you ll save more than with any other option but even with a 0 down solar loan your savings could still be in the tens of thousands. 5 hours x 290 watts an example wattage of a premium solar panel 1 450 watts hours or roughly 1 5 kilowatt hours kwh. Getting setup with a solar power lease is easy to you can contact sun run or solar city and they will do a site assessment and determine if you property would be a. According to the solar energy industries association.
How much energy does a solar panel produce. Getting solar panels free in colorado through a solar leasing program is a great idea. It s like planting 123 trees a year every year your solar power system is humming. Solar power in colorado has grown rapidly partly because of one of the most favorable net metering laws in the country with no limit on the number of users.