As Colorado gets some of the nation’s coldest temperatures every winter, electricity bills rise high. But many Colorado homeowners have found a way to cut their energy bills: installing solar panels.
There’s a reason why solar panels are especially popular with homeowners interested in cutting their Colorado energy bills. They do what they’re supposed to do. Plus, solar panels have a proven track record of giving you a good return on your investment (ROI).
Yes, solar panel installation can be expensive — but the good news is that the solar panel prices have been plummeting for the past few years. Plus, most companies offer generous financing terms. Best of all, you will recoup your initial investment soon. In fact, many homeowners save between $100 and $200 per month, which means you can get your investment back in five or 10 years.
You can calculate your solar panel ROI by first calculating your electricity (per kilowatt-hour) plus the cost of solar panel installation. The best way to get an accurate idea of your potential solar panel ROI is to talk to your solar panel installation professional. In the meantime, if you want to do a bit of figuring, check out this solar ROI calculator provided by the UtahClean Energy commission.
Solar panels — technically known as photovoltaic (PV) panels — are made up of semiconductor wafers (or cells) made of silicon. Sun’s rays hit these panels, generating an electrical charge, which distributes itself across the solar panel. These PV panels turn your roof into a DIY power plant, with enough energy to heat your entire home. Once your panels are paid off, you will have the energy you need to cut your Colorado energy bills.
After they’re constructed, solar panels are mounted in frame-type supports that elevate them several inches above the surface of their installation area. Typically, the solar panels Colorado homeowners prefer are the type installed on the roof, at angles that will ensure maximum exposure to the sun. A good solar service professional will talk to you about optimum installation angles and strategies for your home before beginning the project.
Sunny weather has a tremendously positive impact on the effectiveness of PV panels; and with more than 300 days of sunshine a year, Colorado’s conditions are ideal for an even larger ROI payback. Thanks in particular to Colorado’s sunny skies, solar panels are the best way to help you save substantial heating costs throughout the winter months. If you’re looking for ways to help with cutting Colorado energy bills this winter, then request a free Colorado solar panel installation quote today!