Solar Power in Colorado: Is it Worth Doing?
What would you do if I told you that solar power is one of the most important innovations in the 21st century? It’s true, and it has huge implications for Denver solar companies. Solar technology is quickly becoming a major player in energy production, with many people across Colorado realizing all of its benefits. If you’re interested in solar power or looking to hire an experienced Denver solar company, this article will be your guide!
What is solar power?
Solar power, also known as photovoltaic (PV) technology converts the sun’s rays into electricity with a PV or photocell. The energy produced by the cells can be used to produce heat, light and/or electricity. Solar energy technology has been around since 1839 when French physicist Alexandre Edmond Becquerel discovered the photovoltaic effect.
What are solar panels?
Solar panels, also known as PV modules or photovoltaic cells (PV), convert sunlight into electricity that can be used to power homes and offices. The more sunshine a location receives, the greater potential for solar energy production there is! Denver has one of the sunniest climates in America, which is great news for solar power!
Why do you need to use a Denver solar company?
Denver solar companies are experts at installing and maintaining solar panels. They can also help you with all your questions about financing, rebates or grants, as well as local regulations or permits that may be required.
What are the benefits of solar power?
Solar panels can reduce or eliminate your electricity bills, they are among the most reliable sources of renewable energy, and you’ll always have a local Denver solar company to turn to for help with any questions or repairs! Solar is also one of the fastest growing industries in Colorado.
Financial Benefits of Solar Power
One of the great things about solar panels is that they reduce your electricity bills, and with rebates or grants from incentives programs like Xcel’s Solar Rewards Plus program, you could save even more money. It can be difficult to find a Denver solar company who has affordable upfront costs with competitive financing options – but it doesn’t have to be the case.
Some solar installations also produce excess energy which can be sold back to the utility company.
Environmental Benefits of Solar Power
Solar panels are one of the most environmentally friendly sources of renewable energy, and have no emissions when they produce electricity. Your Denver solar company will help you find a system that fits your needs and works with your roof’s orientation to maximize production, so we can keep our air clean too!
Community Benefits of Solar Power
You don’t have to have to feel guilty about using solar power – and you’ll be helping out your Denver neighbors, too. Xcel Energy’s Solar Rewards Plus program makes it easy for Colorado homeowners to switch from traditional electricity providers, with a lower cost per kilowatt-hour than other energy sources in our state.
Solar is Good for the Economy
The solar industry employs more than 250,000 people in the United States. It generates $22 billion worth of economic activity annually and provides one out of every 50 new jobs created nationwide.
Solar Energy is Practical
Should homeowners get solar power to help conserve energy? The cost of installing solar panels is expensive initially, but in the past ten years, there has been a 70% decrease.
The cost of solar panels in Colorado for 2021 is roughly $20,000 after federal tax credits. The average price for solar panel installation in Colorado ranges from $2.40 to $3.22 per watt.
Installing solar power can be expensive but the costs are minimalized when compared to an electric bill. The cost includes equipment such as an inverter and a power production metering system.
Solar Power is Good for Rural Communities
Solar power in Colorado has brought both environmental and financial benefits to rural communities. A study found that clean and renewable energy can have a significant effect on rural employment rates.
Additionally, renewable energy provides many non-direct economic benefits that help create thriving rural economies. Outside of major cities, the rural areas of North America experienced a 2 gigawatt capacity increase in the last 3 years. Recently, the addition of solar power in Colorado has led to considerable improvements over the past 10 years, providing rural locations with revenue from lease payments, building improvements, and attractions for new investments. We’ll not only help save the environment, but also save on our monthly electric bill and enjoy clean, renewable energy sources while we help build peoples’ economic and financial sustainability.
Solar Power is Worth Doing In Denver
Considering Denver’s climate, you’ll be glad to know that solar power in Colorado makes the most sense. Solar panels are able to produce energy even on cloudy days and at night because they turn sunlight into usable electricity no matter how sunny or dark it is outside.
With all of these things taken into consideration, the question is not whether we should invest in solar energy in Colorado, it’s whether we can afford not to!