Top 5 Benefits Of Solar In Colorado
As the cost of solar energy continues to fall more Colorado homeowners than ever are making the switch to solar energy. Over the past year, you may have noticed your neighbors making the switch to solar and are starting to wonder what the benefits of solar energy are. The good news is that there are a lot of benefits for switching to solar in Colorado that most homeowners don’t know about. So we’ve put together a list of the top 5 benefits of solar to help homeowners like you better understand if it’s the right choice.
1. Saving On Your Monthly Energy Bills
If you’re tired of watching your monthly energy bills rise and never knowing how much your next bill is going to be a solar system can help offset your costs. Currently in Colorado utility rates continue to rise 4%-5% every single year! This is one of the main reasons that Colorado homeowners decide to make the switch to solar. Depending on your energy usage and roof orientation a solar system can actually produce more power than you use. Meaning that you could drastically reduce or even eliminate your monthly energy bill!
2. Qualifying For A Federal Tax Credit
Another huge benefit of switching to solar in Colorado is the federal tax credit. Right now the federal tax credit is 26% and applies for homeowners who make the switch to solar and have it installed by December 31st, 2020.1 This federal tax credit is based off of your total system cost and goes against your federal income tax. Meaning that if you qualify you could save thousands! It is expected for this tax credit to be reduced in 2021 due to the increasing affordability of solar. This means that 2020 is the best year to make the switch to solar and Green Collar Crew is here to help you find the perfect solution.
3. Clean Energy For A Brighter Future
Currently one of the largest contributors to fossil fuel emissions is the electric power sector. These fossil fuels produce harmful emissions which impact the quality of the air we breathe, our soil, our water, and contribute to global warming. This is why solar is becoming more important and more popular across the world. Solar offers a clean renewable energy source that releases no pollution while providing you with the power your family needs. By making the choice to go solar you’re doing your part in protecting our planet for generations to come.
4. Gives You Energy Independence And Peace Of Mind
As mentioned earlier currently in Colorado electricity rates continue to rise 4-5% every single year! As utility companies continue to invest in upgrading the power grids to meet current and future demands, that cost is ultimately passed on to you. By making the switch to solar you’re also breaking free from the utility companies rising costs and becoming energy independent. While your neighbors costs continue to rise year after year, you’ll have peace of mind knowing that your energy payments are going to stay the same. Saving you tens of thousands of dollars over the lifespan of your solar system.
5. Increases Your Property Value
Another huge benefit of solar in Colorado is an increased property value. A 12 year study completed by Berkeley Lab revealed that on average adding solar to a home will add about $15,000 to your home’s value.2 Not only does it add value to your home but it also makes it more desirable to potential buyers when you decide it’s time to sell.
There are many benefits of solar energy in Colorado and the time to make the switch is now. Green Collar Crew uses our years of experience to provide you with the right solar system at the right price with help every step of the way. Find out if your home qualifies for solar and see how much you could be saving.