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Colorado Solar Panels ROI? - The Solar Revolution
- 2. Colorado receives abundant sunshine, even during the winter months. Based on our calculations, a 6-kW solar system could yield more than $1,400 in annual savings, resulting in a potential payback period of eight to nine years.
- 3. Are Colorado solar panels worth it? Here’s a quick overview of solar viability in Colorado: • Colorado ranks 12th in the country for solar installations. * • The average electricity rate is around 14.22 cents per kWh. * • The average solar payback period is 8-9 years. * • Homeowners are eligible for a great Solar Renewable Energy Credit (SREC) program and the federal solar investment tax credit (ITC) • The average homeowner saves $18,300 over the lifetime of their solar systems. * *The above estimates are based on several factors.
- 4. Usually, a homeowner's first question when deciding to invest in solar is, “When will I see a return?” With the increased popularity of solar, there is a great deal of data to show the return on investment (ROI) of installing a solar system. Colorado solar panels are investments with strong rates of return. Understanding the average cost of Colorado solar panels can be somewhat complex, as it involves several factors. These include the size and type of solar power system you choose, the amount of sunlight your home typically receives, and your home's current energy usage. The good news is that with The Solar Revolution, we ensure that the process and cost are transparent and easy to understand.
- 5. Solar panels are not expenses; rather, they are investments. You can estimate the solar payback period by comparing the energy bill savings and available solar incentives to the initial cost of equipment and installation to determine whether it’s worth it. Secondly, choosing a reliable and experienced Colorado solar panel installer can also impact the cost of your solar panels. Sheltering under the expertise of The Solar Revolution, you can ensure a hassle-free installation. Our team handles every aspect of your solar panel installation process, from planning and paperwork to installation and maintenance, ensuring you get the best ROI on your investment.
- 6. Contact Us 5723 Arapahoe Rd, Unit 1A, Boulder, CO 80303 17207395674 info@thesolarrevolution.com www.thesolarrevolution.com facebook.com/thesolarrevolutionco