Colorado ranks 14th in the USA when it comes to solar power. That’s not surprising when one considers that the Centennial state enjoys around 300 days of sunshine a year.
Yet, only 4% of the state’s energy production comes from solar. So, if you want to do your bit for reducing carbon emissions, now’s the time to get on board and do your part.
These are the things to consider when choosing Colorado solar panels.
The Cost of Colorado Solar Panels
Solar power can save you a ton of money by reducing or eliminating your electricity bills for years to come.
Yet, it’s expensive to install solar. The average price of a solar installation in Colorado ranges from $13,000 to $17,000.
Federal tax incentives help you save on the cost of your installation. According to blueravensolar.com/colorado/, you can also benefit from several state tax exemptions and discounts too.
Cost vs Savings
So the first thing you need to think about is whether the savings justify the expense. Experts suggest that you’ll only truly benefit from solar if your electricity bills exceed $300 every quarter.
The next thing to consider is whether solar panels can meet your energy needs. You can check your monthly energy consumption on your electricity bill.
Solar panels work best in direct sunlight, so if your home’s in a shady location, or you live in an area where it’s often overcast, they won’t generate energy at their full capacity.
That means you’ll need more solar panels to fulfill your daily energy requirements.
Fortunately, thanks to net metering, you can still get some of your electricity from Colorado power companies.
This system allows you to feed excess electricity generated by your panels back into the grid. In return, the power company gives you a credit on your bill.
The final consideration is the condition of your roof. Solar panels last for up to 25 years, so if you’re due for a roof replacement soon, you might want to do that first.
How to Choose Solar Panels
There are three different types of solar panels. These are:
Monocrystalline Solar Panels
Monocrystalline solar panels comprise cells made from slivers of silicon crystal. They’re the most expensive and efficient solar panels.
Polycrystalline Solar Panels
Polycrystalline solar panels contain solar cells made from silicon melted into a single crystal and then cut into slivers. They’re not as expensive or efficient as monocrystalline panels.
Thin-Film Solar Panels
These lightweight, portable solar panels use solar cells made from cadmium telluride. They’re also the cheapest solar panels. They’re not as efficient as the other two types but if you don’t use a lot of electricity they might suit your needs.
Get More Cost-Saving Tips
Speak to your local solar panel installer about where to get solar panels that suit your needs. They can evaluate your roof and your energy needs and help you to pick the best Colorado solar panels within your budget.
We hope this solar panel buying guide has helped you gain clarity on whether solar power is a good option for you.
For more information on how to save money at home and work, browse some more of our articles.