Key takeaways

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oin us today as we unravel the boundless possibilities of solar in Denver. We'll showcase the compelling advantages of installing photovoltaic (PV) panels for homeowners and shed light on the financial aspects. Plus, we'll share some valuable tips on finding the best contractor to bring your solar vision to life.

Why Go Solar in Denver? Top 3 Reasons

Solar energy is not just a passing fad, it's an investment in your future and the environment. The Colorado capital's ideal geographical location and climate, along with its progressive policies, create a perfect setting for homeowners to jump on the solar bandwagon. So, let's get right into the top reasons why going solar is the smart choice here.

Sunlit Denver: City’s Disposition is Perfect for Solar

Firstly, the Mile-High City is graced with an ideal geographical location for harnessing the sun's energy. With its abundant sunshine, it's no wonder that solar in Denver is skyrocketing in popularity. So why is the disposition of this urban hub considered to be perfect for solar?

Let's break it down. Solar cells work by converting sunlight into electricity. Thus, the more sunlight available, the more power they can produce. And with the city's high altitude, solar radiation is more intense here than in lower-lying areas. This combination of sunny days and increased intensity gives solar installations a performance boost, leading to higher energy production and, ultimately, more savings for homeowners.

With around 300 sunny days per year, the potential for solar in this urban locale is sky-high. In fact, that's about 115 days more than the national average, making it a heavyweight contender in the arena of sun-soaked cities. This means more opportunities to collect sunshine and convert it into clean, renewable energy. From the vibrant days of spring to the sun-drenched realm of summer, a sun-kissed metropolis offers the perfect backdrop for solar setups to thrive.

But it's not just the number of sunny days that make the city a solar paradise. The city also enjoys an impressive number of peak sun hours. Peak sun hours refer to the time of day when the sun's intensity is at its maximum, providing the greatest opportunity for solar modules to generate electricity. Denver receives an average of 5.6 peak sun hours per day, making it a prime location for solar energy production.

Another compelling reason to go solar in Denver is the fact that 77% of the city's buildings are solar-viable. This means that the majority of homes and businesses here have the potential to benefit from solar power. With such a large percentage of buildings deemed suitable for solar installations, it's clear that the Colorado capital is a hotspot for embracing renewable energy. Whether you live in a cozy suburban house or work in a bustling downtown office, there's a good chance that solar can work for you.

Solar Panels Denver offers homeowners and businesses the opportunity to generate clean, renewable energy while enjoying long-term savings on electricity bills. With advances in solar technology and incentives available for solar installations, there's never been a better time to go solar in Denver.

Pennsylvania has seen significant growth in solar installations due to favorable policies and incentives. Solar energy offers a sustainable power source for the state.

Solar Benefits and Incentives: Making Solar Power an Easy Decision

Opting for solar in Denver becomes all the more appealing thanks to Colorado's steadfast embrace of clean energy, which unlocks a multitude of solar incentives and tax breaks for residents seeking a greener future. Let's explore some of the solar incentives that can make installing solar panels on your home a financially sound decision.

Residential Clean Energy Credit: One of the most significant incentives is the federal Residential Clean Energy Credit, formerly known as the Investment Tax Credit (ITC). This credit allows homeowners to deduct a portion of the cost of their solar system from their federal taxes. Currently, the ITC provides a 30% tax credit for solar installations. This means that if you spend $30,000 on a solar installation, you could potentially receive a tax credit of $9,000. The ITC is set to decrease to 26% in 2033 and again to 22% in 2034, so now is a great time to take advantage of this incentive.

Sales Tax Exemption: Another incentive that can save Denverites money is the sales tax exemption. Going solar means you can avoid paying Colorado's 2.9% state sales tax on your solar energy system. This exemption can result in significant savings when combined with the overall cost of installing solar modules.

Net Metering: Net metering is a solar incentive that allows homeowners to earn credits for the excess electricity their solar systems produce. When your solar installation generates more electricity than you use, the excess power is sent back to the grid, and you receive credits on your utility bill. These credits can then be used to offset the cost of electricity when your setup isn’t producing enough energy, such as during the night.

Customers of Black Hills Energy utility can choose between continuous rollover or year-end cash-out under their net metering program. Most customers prefer continuous rollover, enabling them to carry over extra kWh from month to month and year to year. The year-end cash-out option compensates customers for surplus exported energy at the avoided cost rate. Similarly, Xcel Energy offers net metering with continuous rollover or year-end cash-out alternatives.

Colorado RENU Loan Program: If financing your solar installation is a concern, the Colorado Residential Energy Upgrade (RENU) Loan Program can help. This program offers low-rate loans to eligible homeowners who wish to install PV arrays on their homes. With affordable financing options, you can make the transition to solar energy without a significant upfront cost.

Climate Action Rebate Program: Denverites who already have a heat pump installed in their homes may be eligible for a rebate of up to $4,000 on a solar system through the Climate Action Rebate Program. Additionally, if your income is below 80% of the median income in your area, you may qualify for further financial assistance.

The Environmental Impact: Solar Energy's Green Footprint

By opting for solar in Denver, you contribute to reducing harmful greenhouse gas emissions. Traditional energy sources, such as coal and natural gas, release carbon dioxide and other pollutants into the atmosphere, exacerbating climate change. Solar power, on the other hand, produces clean energy without emitting any harmful byproducts. With PV panels installed on your rooftop, you can take pride in knowing that you are actively combating climate change and preserving the environment for future generations.

Moreover, solar installation reduces our dependence on fossil fuels. By generating electricity from the sun, we decrease the demand for non-renewable resources like coal and oil. This not only helps to conserve these valuable resources but also reduces the negative environmental impacts associated with their extraction and transportation.

Solar in Connecticut is growing rapidly, with incentives like the Residential Solar Investment Program (RSIP) encouraging homeowners to adopt solar energy.

Solar Investment: Breaking Down the Costs

In this section, we will delve into the cost of a Denver solar panel installation and explore the factors that influence the price tag.

The Price of Solar Panels

It's crucial to grasp the financial implications of solar in the Mile High City before making an investment decision. The average price for a PV system in Colorado is $3.42 per watt, which is higher than the national average of $2.95.

However, thanks to the abundance of sunshine, Colorado homeowners require a smaller-than-average installation to meet their energy needs. According to the Tracking the Sun report by Lawrence Berkeley National Laboratory, the median system size in the state is only 5.8 kilowatts (kW). Considering the price per watt, this translates to a total cost of $19,836 before factoring in tax credits and state incentives.

Factors Affecting Solar Panel Cost

It's important to note that the cost of your solar installation could differ significantly from the state's average. What factors are at play here? Let's explore them below.

System Size: Obviously, the size of your system is a primary factor influencing its cost. Solar systems are typically measured in kilowatts (kW) or megawatts (MW), representing the amount of electricity they can produce. Larger systems tend to cost more due to the increased number of panels and associated components required for installation.

Type of Solar Panels: Different types of PV modules are available in the market, including monocrystalline, polycrystalline, and thin-film. Monocrystalline panels are known for their high efficiency but come at a higher cost. Polycrystalline options are slightly less efficient but more affordable. Thin-film modules are the least expensive but have lower efficiency compared to their crystalline counterparts.

Material Quality: The quality of materials used in solar panels affects their durability and performance. High-quality products often come with a higher price tag but tend to last longer and generate more electricity over their lifespan. Investing in superior materials for panels is a smart long-term choice, despite the slightly higher upfront expense.

Brand and Manufacturer: The price can be greatly influenced by the brand and manufacturer. Well-established and trusted brands often come with a higher price tag due to their proven reliability and excellent warranty support. On the other hand, lesser-known brands may offer lower-priced modules, but it's important to thoroughly research their reputation and dependability before making a purchase.

Location and Sunlight Availability: Where your property is located also impacts the cost. Sunny homes are ideal for efficient solar energy generation and may require fewer panels to meet your needs. Conversely, if your site is shaded, a larger installation may be necessary, resulting in higher costs.

Installation Complexity: The overall installation cost can be impacted by the complexity of the process. Factors such as the angle of your roof, shading issues, and electrical wiring requirements can increase the complexity of the installation. If your roof needs reinforcement or structural modifications to accommodate the panels, this will incur additional costs.

Permitting Costs: The expenses associated with the permitting process can fluctuate based on local regulations and the project's intricacy. Obtaining permits, inspections, and connecting the system to the grid may involve additional expenses that should be factored in.

Financing Options: The way you choose to fund your solar installation can impact the overall expenses. Buying with cash usually involves a higher initial investment but delivers substantial long-term savings. On the other hand, leasing or opting for power purchase agreements (PPAs) require minimal upfront expenses but may lead to comparatively lower savings in the long run.

Solar Savings: What's in it for You?

Now, let's dive into the subject that's likely got you the most excited: solar savings.

If you're a homeowner in the Mile-High City, you're probably no stranger to the soaring energy bills that come with running a household. The average monthly electric bill for residential customers here clocks in at $125, which amounts to a staggering $1,500 per year.

By investing in a photovoltaic installation that can fully cover your electricity consumption, you have the potential to save the entirety of that $1,500 on an annual basis over the typical 25-year lifespan of a solar system, resulting in an incredible $37,500 saved over time.

But the benefits don't stop there. With net metering, you have the opportunity to generate income by selling any excess energy your system produces back to the grid. This means that not only will you be saving money on your own energy bills, but you can also potentially receive compensation for the surplus energy you contribute to the community.

Picking the Perfect Denver Solar Contractor

Before you jump into the solar world, it's crucial to choose the perfect installer that suits your needs. Here are some factors to consider to ensure you make the right choice.

Experience and Expertise: When it comes to solar installation, experience matters. Look for a company that has a proven track record in the industry. A seasoned installer will have the knowledge and expertise to handle your project efficiently, ensuring that your system is installed to perfection.

Reputation and Reviews: In this digital age, information is at our fingertips. Take advantage of it! Do some research and find out what previous customers have to say about different installers. Check online reviews and ratings to get an idea of their reputation. If a company consistently receives positive feedback and has satisfied customers, it's a good sign that they deliver quality work.

Licenses and Certifications: Solar installation requires technical skills and adherence to safety standards. Make sure the installer you choose is properly licensed and certified. This ensures they have met the necessary qualifications and will follow industry best practices during the installation process.

Customized Solutions: Each home is unique, and your solar system should be tailored to meet your specific needs. A reputable installer will assess your energy consumption patterns, roof orientation, and other factors to design a customized solution that maximizes energy production and savings for your home.

Warranty and Support: PV panels are a long-term investment, so it's crucial to consider the warranty and support offered by the installer. A reliable installer will provide comprehensive warranties on both the equipment and the installation work. Additionally, they should provide ongoing support and maintenance services to ensure your system continues to perform optimally for years to come.

Price and Financing Options: While price should not be the sole determining factor, it's essential to consider the cost of the installation. Obtain quotes from multiple installers and compare their prices. Be cautious of extremely low-cost offers, as they may indicate subpar quality. Additionally, inquire about financing options or incentives available to make the transition to solar more affordable.

Solar Companies in Denver: Who to Trust

When it comes to hiring an installation company, the process can be intricate, especially if you're not well-versed in the technology involved. Colorado's capital has a multitude of licensed solar installers, making it even more challenging to choose the right one. But worry not! We've put together a brief compilation of proven performers to help you in narrowing down your choices.

SunPower: Since the mid-1980s, this installer has been at the forefront of harnessing the limitless power of sunshine. One of its standout offerings is the Maxeon monocrystalline panels, which are regarded as some of the best in the industry. They feature integrated microinverters, giving them a sleek, low-profile design that seamlessly blends with any home's aesthetic. With an impressive 22.8 percent efficiency rating, the Maxeon modules ensure maximum energy conversion and optimal performance.

SunPower's design process showcases a remarkable dedication to sustainability, brought to life through an interactive online studio. Moreover, all of their equipment is certified by Cradle to Cradle, a prestigious certification that recognizes the company's dedication to sustainable and circular sourcing and production practices.

Blue Raven Solar: A leading provider of PV energy solutions, Blue Raven stands out for its accessible and customer-centric approach. By offering an 18-month period to enjoy savings before making the first payment, the company has made the transition to renewable energy more attainable for homeowners.

Renowned for its expertise in installing efficient and affordable solar panels and inverters, Blue Raven exclusively employs high-efficiency monocrystalline modules from trusted brands like Canadian Solar and Trina. To further enhance home efficiency and maximize savings, new customers are also provided with a complimentary energy-saving kit that includes a smart thermostat and an LED lighting package.

Freedom Solar Power: With a commitment to quality craftsmanship, attention to detail, and excellent customer service, Freedom Solar has been a trusted name in Colorado's solar market since 2007. What sets them apart is their comprehensive approach to PV panel and backup power solutions, all backed by robust 25-year warranties. They also go above and beyond by offering lifetime service and monitoring for every residential system they install.

Their dedication to quality is evident in the industry-leading hardware they use, including SunPower solar panels known for their impressive 22.8-percent efficiency rate. Paired with Tesla battery backups and Kohler generators, Freedom provides reliable and sustainable power solutions for your home.

ADT Solar: ADT has firmly established itself as one of the leading solar companies in Colorado, thanks to its exceptional quality of installations and unparalleled customer service. The installer offers an impressive 24/7 professional monitoring plan that ensures your system is always performing at its best. Plus, their skilled technicians can handle any required roof repairs before setting up the panels, saving homeowners the hassle of dealing with multiple contractors.

The installer provides a range of high-quality panels from renowned manufacturers such as Silfab, Q Cells, and Canadian Solar. Additionally, the company offers flexible payment options, including purchasing, financing, and leasing. With a generous 25-year power-production guarantee, customers can confidently rely on ADT to deliver consistent electricity generation for decades to come.

Discover how Connecticut is embracing solar energy in our comprehensive guide on Solar in Connecticut. Explore the state's policies, incentives, and solar initiatives driving renewable energy adoption. Additionally, gain insights into solar developments in diverse regions like Denver, Pennsylvania, and Phoenix in our articles on Solar in Denver, Solar in Pennsylvania, and Solar in Phoenix

Solar in Denver: A Path Worth Taking

To conclude, going solar in Denver is a wise choice for homeowners seeking sustainability and long-term advantages. The city's high altitude and abundant sunshine, with around 300 sunny days annually, create an ideal environment for thriving solar systems that generate clean, renewable energy. Furthermore, progressive policies, attractive incentives, and tax breaks make solar installation financially appealing.

By opting for solar power, homeowners actively reduce harmful greenhouse gas emissions and decrease reliance on non-renewable resources. Solar energy leaves a green footprint by producing clean electricity without emitting pollutants. Additionally, significant savings on electricity bills and the potential for earning income through net metering make photovoltaics a financially viable option.

Choosing the right installer is crucial, considering factors like experience, reputation, licenses, and tailored solutions. Renowned companies such as SunPower, Blue Raven, and Freedom Solar Power have established themselves in the industry, offering top-notch products, extensive warranties, and exceptional customer support.

With the city's abundant sunshine, favorable policies, and reputable installers available, embracing solar power is a worthwhile path. It not only brings financial benefits to Denverites but also contributes to a greener future and a healthier environment. So, why wait? Start harnessing the power of the sun and join the solar revolution today.

Sources:

https://www.metrodenver.org/live-here/climate#:~:text=The%20Metro%20Denver%20region%20has,300%20days%20of%20annual%20sunshine.&text=Winter%20storms%20are%20normally%20short,however%2C%20receive%20significant%20annual%20snowfall

https://www.turbinegenerator.org/solar/colorado/denver/

https://sunroof.withgoogle.com/data-explorer/place/ChIJzxcfI6qAa4cR1jaKJ_j0jhE/

https://www.energysage.com/local-data/solar-panel-cost/co/#:~:text=FAQs%20about%20Colorado%20solar%20panels&text=panels%20in%20Colorado%3F-,As%20of%20May%202023%2C%20the%20average%20solar%20panel%20cost%20in,Colorado%20coming%20in%20at%20%2417%2C100

https://emp.lbl.gov/tracking-the-sun

https://www.energysage.com/local-data/electricity-cost/co/jefferson-county/denver/#:~:text=On%20average%2C%20Denver%2C%20CO%20residents,average%20electric%20bill%20of%20%241%2C987

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Jun 7, 2023
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