When we think of energy, we see a world continuously consuming petroleum and coal to generate electricity. Therefore, we see a planet with finite resources slowly consuming itself to generate movement and economy. However, solar energy is infinite because the sun’s powerful rays and UV capability never run out. Today, solar technology is continuously evolving, and it holds the best promise to generate a pollution-free, infinite source of energy.
Today, you can contact your Littleton, CO solar installation team to have your entire roof covered with solar energy-collecting panels capable of powering your home throughout the morning and afternoon. Plus, if you invest in excellent storage technology, you can even power your entire home throughout the evening with additional solar panels.
This year and onwards, solar technologies are bound to evolve because people and companies are looking for ways to resolve the world’s energy problem. For example, Australian researchers have found that airports can generate energy for hundreds and thousands of homes across the country by planting solar energy collection panels on their roofs. Alternatively, many countries have adopted solar panel highways to generate power for public-use buildings too.
The future is looking bright for solar panel technologies. If you’re curious about the residential startup costs of owning solar panels, here’s an excellent guide from Namaste Solar’s blog.
How Much Does It Cost to Go Solar, Anyway?
It’s exciting to think about the savings you can get by switching to clean solar energy, but when it’s time to actually install solar panels on your roof one of the first questions is this: how much does it cost to go solar, anyway? Let’s take a look at the average price of solar in Colorado and what that means for different sized residential solar systems.
Average Cost of Solar Panel Systems
At Namasté Solar, we see home solar panel installation costs range from approximately $15,000 to $45,000 based on a variety of factors.The size of the solar panel system is the most heavily weighted factor in determining cost. The size of your recommended system is based on your electricity usage and is measured in kilowatts (kW). A properly sized solar panel system will maximize your savings and return on investment (ROI).
Rather than focus on the cost of your system, it’s best to look at the projected return on your investment. How much will you save over the life of your system? When compared to the cost of your current electricity bill, solar panels often show thousands of dollars in savings over their lifetime – sometimes paying for themselves twice over! That’s on top of the increase in home value and environmental benefits of solar.
Beware Online Calculators
Most online solar calculators are based on “average” homes and can’t accurately assess the cost and overall savings potential of solar for your specific home. We’ve checked many of them and found that they don’t provide accurate information, and in many cases are way off. Contact a local solar provider for a customized quote. It’s free and it’ll provide you with the most accurate information.
How Will I Pay For It?
There are a variety of ways to pay for your residential solar system, and your local solar company will help you find the option that’s best for you. One option, of course, is to pay cash up front. This option will allow you to skip interest payments and put the maximum cash savings in your pocket immediately.
A solar loan is also a great option because you can use attractive, low-interest loans and even $0 down financing that allows you to go solar with no upfront cost. Want to get the benefits of your federal solar tax credit immediately without waiting to file your taxes? That’s possible, too. In addition to working with a solar lending partner, there’s also an option to use your own financing options, like a home equity line of credit. (Continued)
If you have yet to find a dependable roofer, you can always trust us at Roper Roofing and Solar for all your needs. Contact us today to learn more about everything that we can do for you.