Lets write about Denver solar energy for homeowners. Government and state rebates have become available both on utility-scale and for the majority of homeowners. This means that the effective costs of solar panels are much less than what they used to be. In some cases, the price of a residential photovoltaic system can be cut more than 50%. As of 12/31/2008, the U.S. government offers a 30% tax credit with no upper limit. Chances are your home is also eligible for other grants and rebates.
Is solar power really expensive? This is probably the most debatable aspect on the entire solar energy pros and cons list. The driving forces behind the development of solar energy are rooted in politics. Solar power is incentivized to compete against other energy sources on the market. On the other hand, the U.S. government, similarly to the rest of the world, provides incentives to every major energy production market – not just solar.
Installing a solar power system on your home means you can lock in a price of energy for at least the 25 year life of the solar panels. You know how much energy the solar panels will produce so that once you get an accurate price quote you know exactly how much each kilowatt-hour of energy will cost you over the next 25 years. Many consumers are now able to get a levelized cost of energy of $0.10 per kilowatt hour. When you compare this to the average amount you will pay to your utility for power over the next 25 years, the average consumer with a $150 per month power bill can see savings in the range $30,000 over the life of a solar system. The monthly savings don’t start out being huge, perhaps only $50 per month but in the 25th year it can reach savings of $300 per month. You can use this solar savings calculator to check what your savings will be based on usage and utility rates.
Solar panels (also known as photovoltaic panels) are installed on your home. The solar panels convert light (photons) into electricity (voltage). Each panel is connected to a microinverter that changes the electric current from DC (direct current) to AC (alternating current). Each microinverter operates independently of the others so that if one stops working your system is still generating maximum power. An alternative to being tied to the utility company is an off-grid solar panel system. An off-grid system is similar to a grid-tied system with the exception that all the solar energy that is generated is stored in solar energy battery banks in your home. A charge controller sits between the batteries and the solar cells to ensure that the batteries do not overcharge. With an off-grid system you are 100% electricity independent.
After signing the agreement, the installation process will begin. We’ll take care of acquiring the necessary permits to ensure state and local requirements are met. Abiding by the signed agreement, our installation team will complete the job within the estimated time and budget while making the process as simple for you as possible. The length of time it takes us to complete your installation will vary depending on the complexity of the system and size of the roof.
If you’re ready to invest in your future with an environmentally-friendly solution, the question on everyone’s mind is how much do solar panels cost? In Denver, Colorado many believe solar power comes with a hefty price tag. However, solar panels are actually more affordable than many realize. In fact, the cost to install solar power has dropped more than 70% in the last 10 years, allowing the industry to deploy thousands of systems nationwide. In 2015 alone, solar prices dropped by 3% in just one year. Plus, there are now many government incentives and rebates that make residential solar panels more affordable than ever before. See extra details on Green energy for you, less emissions for the planet.