Solar energy is quickly gaining popularity due to improved technology, lower prices and government incentives. This growing trend has prompted many homeowners to consider their options for harnessing the sun’s power with rooftop solar panels.
Rooftop solar panels convert sunlight into electricity using photovoltaic cells. This electricity is then converted into alternating current through an inverter.
Reduced Energy Bills
Solar panel technology has become incredibly cost-effective for homeowners and businesses. This is thanks to falling panel prices, innovative financing options and the growing networks of installers and community organizations in Denver, CO, promoting solar energy.
A well-sited rooftop solar energy system can cover two-thirds to three-quarters of a home’s electricity needs. These systems are a reliable energy source, offering a fixed monthly power price.
A rooftop solar system is also a clean, renewable energy source that can help lower your carbon impact. If your rooftop solar panels generate more energy than you consume, you may sell the excess to your local utility provider.
Increased Property Value
If you are considering selling your home, having a rooftop solar panel system can be a real advantage. Potential buyers will likely see the value in a solar energy system and be willing to pay a premium for your house.
According to a study, buyers in some metropolitan areas were willing to pay up to $15,000 more for homes with solar. This is because homeowners who invest in their roofs reap long-term benefits, including lower electricity costs and greenhouse gas emissions.
Additionally, if you add a battery to your solar power system, the extra storage can help offset high electricity rates. This saves you even more money on your energy bills and helps protect you from future rate hikes. In addition, the new owner can take advantage of any state or local tax breaks available for homeowners with solar energy systems. The cost of the system will be recouped multiple times over the lifespan of the solar panels and battery.
Reduced Carbon Emissions
A rooftop solar system in Colorado is a great way to decrease your net greenhouse gas emissions. This is because it eliminates the need for electricity generated through fossil fuels that emit harmful gases such as carbon dioxide.
It also reduces the need for additional energy infrastructure that often requires destroying natural land.
In addition to reducing carbon emissions, solar panels also increase your home’s value and reduce maintenance costs. Many states offer tax benefits for homeowners that install solar, and the system’s warranty is transferable to new owners should you decide to sell your property.
While all solar panels lose some energy-generating capacity each year, high-quality solar modules’ degradation rate is typically under 0.5 percent. This makes a rooftop solar system one of the most long-lasting investments you can make for your home or business.
Reduced Maintenance Costs
A rooftop solar panel system is a great option for property owners that need more land space for a large-scale installation. The tightly compressed modules can be placed on the roof of buildings, allowing property owners to make maximum use of available space.
This is particularly important in urban environments, where home and commercial space is often at a premium. Additionally, the rooftop panels can be easily secured, protecting them from damage by burglars or weather events.
The cost of solar technology has also declined, thanks to reductions in hardware prices and innovative financing options. Furthermore, rebates and other incentives in leading states have helped to slash the upfront investment even further.
If you’re interested in exploring your rooftop solar energy system options, start by comparing shopping for quotes on the EnergySage Marketplace. We compare installers based on their reviews, certifications, Better Business Bureau profiles and more, helping you find the best deal.