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20 Reasons to Install Solar Panels in Colorado
- September 20, 2023
Residential solar energy is one of the fastest-growing sectors in the United States economy, and it isn’t slowing down any time soon. The solar market is growing rapidly and there are currently more than 2 million solar energy systems installed in the United States!
From long-term electric bill savings to substantial environmental benefits, let’s explore some of the many reasons to go solar.
1. Huge Electric Bill Savings
The number one benefit of having solar panels on your roof is electric bill savings. Solar panels turn the unused space on your roof into a personal power plant that produces electricity at a lower cost per kilowatt-hour than you’ll ever get from the grid.
2. Start Saving Immediately
The most common objection we hear from homeowners who are considering making the switch to solar is that solar panels are too expensive. And we get it—solar panels aren’t an inexpensive investment. But you don’t have to pay for your solar installation in full upfront! There are many financing options available to make your installation more affordable. Many homeowners finance their solar panels with a monthly payment that’s lower than what they currently spend on electricity, resulting in immediate savings.
3. Fast Return on Investment
A solar panel installation is one of the only home upgrades that will pay for itself over time. And it doesn’t take long for solar panels to pay for themselves—the average solar payback period is around 6-10 years. That’s less than half the total lifespan of a solar energy system!
4. Get a 30% Solar Tax Credit
No one wants to send Uncle Sam a penny more than is absolutely necessary. And when you invest in solar, you gain access to solar incentives and tax credits that will dramatically reduce the amount you owe when you file your taxes.
Thanks to a recent expansion by the Inflation Reduction Act, the federal solar tax credit is the highest it’s ever been. With the solar tax credit, you can reduce what you owe when you file your federal income taxes by 30% of your total solar panel and battery installation costs. This tax credit won’t be available forever, so schedule your solar installation now to take advantage of savings!
5. Take Advantage of Local Utility Rebates
Many utility companies offer their own solar rebates that you can claim on top of the solar tax credit. Utility rebates vary depending on where you live. Solar Power Pros can help you find out what incentives are available in your area. Call us today!
6. Avoid Utility Price Jumps
If you’ve owned a home for any appreciable amount of time, then you’ve inevitably been the victim of greedy energy companies raising their prices and charging you an arm and a leg for your monthly energy use. Solar panels stabilize your energy costs so you can avoid price jumps and keep your costs consistent.
7. Increase Your Home’s Value
If you’re interested in increasing your home’s value, it’s a good idea to go solar! According to a study conducted by Zillow, houses with solar panels sell for an average of 4.1% more than comparable houses without solar panels.
8. Charge Your EV with Solar Power
If you drive an electric car or are planning to purchase one, home solar panels are worth it for the affordable EV charging alone. With solar, you can charge your EV using free energy from the sun, virtually eliminating your fuel costs and significantly reducing your fossil fuel consumption.
9. Reduce Your Carbon Footprint
Financial incentives are the main solar panel benefit that pushes homeowners to make the switch, but solar panels aren’t just good for your wallet—they’re also good for the planet. We have a responsibility to leave our planet better than we found it and make sure that our children and grandchildren get to enjoy our marvelous home for millennia to come. Making the switch to solar will help ensure that they can do just that.
10. Set an Example for Your Community
By choosing to invest in solar energy, you’re serving your community and setting a positive example for your friends and neighbors to follow. The more solar panels that are installed, the more homeowners will hop on the bandwagon and join the movement for a cleaner and brighter tomorrow.
11. Protect Yourself Against Power Outages
As severe weather becomes the norm here in Colorado and throughout the country, we’re starting to see how unreliable traditional energy sources can be. In some areas, power outages from inclement weather can last more than 2-weeks!
With a solar panel and battery storage system, you won’t have to worry about blackouts. Your solar panels will stay on when the grid goes down and you’ll have a stored supply of backup power to keep your essentials running overnight.
12. Use Stored Solar Power 24/7
Switching to solar doesn’t mean that you’ll only have energy during the day. Solar battery storage systems make it easy to store solar energy and use it when you need it—at night, on a cloudy day, or during a power outage.
13. Solar Panels are Versatile
The solar panel systems we install are completely custom. Whether you want to produce some or all of your own power, we can design a system that meets your needs. Our solar engineers will analyze your roof and sunlight access and recommend the most efficient system for your home.
14. Solar Panels are Low Maintenance
With few moving parts and highly durable designs, solar panels are virtually maintenance free and will ensure that you can enjoy clean and renewable energy without any hassle or headache.
15. Solar Panels Last for Decades
Solar panels have a long lifespan and the panels we install are backed by a 25-year warranty. The industry standard guarantees 80% performance after 25 years, and your solar panels will likely continue generating electricity for 35-40 years. A solar panel installation is an investment that you will benefit from for decades to come.
16. Solar Energy Creates Jobs
Solar is one of the fastest-growing industries in the United States and it’s creating more jobs every day. The US solar industry currently employs 263,883 people and that number is expected to grow as the Inflation Reduction Act creates more clean energy jobs.
17. Solar Energy Is the Future
Oil reserves are decreasing every year and it’s possible that solar panels will be mandatory at some point in the near future. Stay ahead of the curve and make the switch now while there are still incentives and opportunities to save!
18. Solar Panel Costs Have Never Been Lower
Solar panels used to be prohibitively expensive, but as the technology advances, prices have come down. In Colorado, solar prices have fallen by 54% over the past 10 years! Falling costs combined with better-than-ever tax incentives make now the perfect time to invest in solar panels for your home.
19. Switching to Solar Is Easier than Ever
Shopping for the right solar installation services used to be a long and arduous process. You could reasonably expect to spend weeks just finding the right company and several more weeks negotiating prices and finalizing the installation.
Luckily, those days are long behind us and making the switch to solar has never been easier. With our team of solar consultants to help you sort through your options, you can find the best solar solution for your home in no time flat. Oh, and did we mention that the consultation is free? No obligation, no hassle, no garbage!
20. We Can Qualify Your Property in Minutes!
Solar Power Pros makes it easy to find out if solar panels are worth it for your home. We offer a fast, virtual consultation during which we determine your home’s solar viability and answer any questions you have. All we need to get started is your address and your recent electric bills. Once we understand your energy needs, we can provide a full estimate of costs, outline your savings potential, and provide you with financing options!
