123SolarPower maintains the largest network of licensed solar professionals in North America. With industry-leading experts in hundreds of locations across the U.S. and Canada, we offer access to the best solar solutions for your home or business. The 123SolarPower team is devoted to providing you with reliable solar panels Colorado, solar panel installation Colorado, and energy evaluations. Let us help you start saving on you power bill today.
When it comes to ranking U.S. states’ total solar power capacity per capita, Colorado is ranked eighth. This is a fair accomplishment, the Centennial State ranking with the likes of solar hot spots California and New Mexico. The growing number of cleantech businesses within the state reflects Colorado’s solar ranking. The number of solar installers Colorado has also clearly increased in the past few years. Between 2005 and 2010 alone, the industry grew at a rate three times the national average.
Notable solar installations in Colorado include solar installation Denver but also the San Luis Valley Solar Ranch and the Alamosa Solar Generating Project. Combined, these two installations generate enough electricity to supply almost 11,000 homes.
With a culture dedicated to green living along with the growth of the local cleantech industry, it’s no surprise that Colorado is one of the forerunners in solar power. There are currently enough solar energy installations in the state to power upwards of 69,000 homes. What’s more, unlike other states, the price to install solar power residentially and commercially has dropped by almost 10% within the last year alone.
In the largest cities, individuals and businesses have been investing in solar technology that is helping Colorado save money as well as the environment. Purchasing solar panels Denver or solar panels Colorado Springs is becoming more and more affordable within the state. To learn more about living off the grid check out our solar blog.
Inspired by the growth of the cleantech industry, Colorado has an abundance of state tax incentives, loan programs, and rebates available to residents looking to delve into solar power. There are local loan and rebate programs such as Boulder and Denver Elevations Energy Loans which amount to between $500 and $25,000. Also available are performance-based incentives such as the Black Hills Energy Solar Power Program and Xcel Energy’s Solar*Rewards Program which can save you up to $0.1267/kWh for small photovoltaic systems (up to 10kW) and $0.16/kWh for larger systems (between 10 and 100kW). Start saving with a single right now!
There are also property tax and sales tax incentives available for residential solar power systems Colorado. For residences with on-site photovoltaic systems, CRS 39-3-102 provides a 100% exemption for system property tax increases. Colorado also provides a 100% sales and use tax exemption for renewable energy equipment for solar heat systems, photovoltaic systems, and other clean energy technologies.Visit our friends at Dsire to learn about all 101 of the Colorado state level incentives available.
Nationally, the federal government also provides tax incentives to encourage the residential use of solar power. The Energy Policy Act of 2005 grants a 30% investment tax credit on costs associated with the installation and use of renewable energy such as solar power. This tax credit applies to every solar panel Colorado, solar heating and cooling, and solar concentration technology, and is in place through 2016.
For example, if you invest in Aurora solar panels or Denver solar panels, all you have to do is fill out an extra form (IRS form 5695) as part of your yearly tax return. What’s more, if you generate more credit than your income tax due, the difference carries over to next year’s tax return. The federal solar tax credit will not last forever, visit our blog to learn more about the ITC.
123SolarPower is your go-to solution for solar energy systems in Colorado. Our partners carry the most advanced equipment in the industry and are ready to bring your home or business forward with cutting edge solar power. To receive a free estimate for installation costs and learn more about the savings available for your project, please fill out the above form to reach out to our team. We offer free competitive quotes on solar power, solar panels for sale Colorado and even on Colorado Springs solar panels. If you prefer to speak with one of our solar power experts call us at: 800-294-2397.
Answer a few short questions, to help us better understand your needs. Your information is guaranteed to be kept secure.
Our high-tech calculator, designed by solar experts provides you with the most accurate savings estimate catered specifically to you.
Sit back and watch our solar panel experts compete
to give you the lowest prices possible!
When making any modifications to the home, questions always arise. In order to discern whether adding solar panels is a good idea for a given home, having answers to the most frequently asked questions can help. These answers can not only help a homeowner decide whether or not to install solar panels on their home, but they may also help to alleviate some fears and/or concerns that homeowners have about solar power.
Will solar panels benefit my home if I do not have constant access to the sun?
It is a myth that only sunny places like California and Hawaii can benefit from the installation of solar panels. While solar panels do generate more power in areas that have more access to the sun, there are solar panels that are capable of capitalizing on diffused solar rays. These are the kind of solar rays that fall on overcast days.
What incentives are available to me?
There are many incentives in place to help convince homeowners to install solar panels. For example there are tax credits at both the state and federal levels. While the tax credit value varies by state, to the credit ranges to upwards of 25% on installation up to $1,000. Furthermore, most solar power devices are sales tax exempt. The federal tax credit is 30% on installation with no limit. For more information about tax incentives in your state, call 800-294-2397 to speak with a solar consultant.
What is the difference between on the grid and off the grid?
On the grid refers to one still being attached to the electric grid and essentially creates a solar/electric hybrid system. Off the grid refers to relying solely on solar power as the home is completely disconnected from any electric grid.
While solar panels may be expensive to install, the long-term savings (both personally and as a member of society) really outweigh the upfront costs. Moreover, the tax breaks available (through 2016) can also help to recoup some of the costs.
Adding solar panels to your home can benefit you in many ways—including tax credits and a decrease in your electric bill. For more information, please complete the online form or call 800-294-2397.