Colorado Solar Installers
Top Cities in Colorado
Denver
Denver solar installers: How they can help you get the most out of the state and federal incentives for solar power.Colorado Springs
Colorado springs solar installers: How they can help you save and recoup your initial investment faster.Aurora
Aurora solar installers: The information they can provide to help you get the most out of the rebates and incentives on offer.The state of Colorado cares about its environment. The proof is in the state incentives. Because of the surge in popularity with solar power, state rebates have altered in recent years and the benefits of installing solar power in Colorado are impressive.
Xcel Energy, that provides utilities for areas such as Denver and Boulder, is required to get at least 4% of its energy from renewable sources. Not only that, 2% of that 4 has to come from Xcel customers, not from an outside source.
In Denver for example, the Solar Rewards Cash Rebate from Xcel Energy has recently increased to $2.00 per Watt, this rebate will subsidize 38% of the cost for converting to solar power.
In addition, there is also a 30% Federal Tax credit, which is more attractive than a reduction because it counts against the tax you already owe the IRS. You have to file for this tax credit yourself, but a solar installer can help you with this process, using their experience to help you with the relevant forms.
A Colorado solar installer can also make sure you are correctly installed for net metering. Net metering allows you to store the electricity you create with the utility provider; in essence they act like a battery would in an “off-grid” system. Colorado is one of the few states that have the utility provider actually pay you for the excess energy you create with solar power. At the end of the year you can receive a check from your supplier or transfer the extra credit to your next bill.
For the latest up-to-date information on the advantages and incentives of switching to solar, it is always best to contact your local solar installer.
We would be happy to recommend a local solar installer near you.
A Colorado solar installer will offer free advice and a free estimate. It is important for the installer to see your property to confidently estimate what type of solar panel system would be right for you.
It is also important to note that most of the rebates and incentives are only available to “grid-tied” systems. Systems that are “off-grid” meaning they are not connect to an existing utility provider, are still entitled to the Federal Tax Credit, but not the other “grid-tied” incentives. Being “grid-tied” in the state of Colorado is the best option for your home and your area.
Utility rates in Colorado have been increasing at a rate of 9% per year over the last ten years. This is an important consideration when deciding if solar power is right for you. An average solar panel system of 5kW will take roughly 12 years to pay off. Then on year twelve, your electricity bill without solar power would have risen from $100 per month to $258 per month. This is a giant leap and one that, if current trends continue, could actually be a rather conservative estimate.
There has never been a better time to go solar in the state of Colorado than right now. With rising energy prices, dangerously exhaustible fossil fuel supply and the states recently increased cash rebates: call your local solar installer today and make the most from the sun.