There are several different ways you could cut the cost from your power bill by switching to solar in addition to getting the best price on your panels and installation. There are also a few different ways you may qualify for even more savings through rebates and tax credits in addition to our zero-down solar offer.

• Federal Solar Tax Credit: Save money on installation costs in addition to accessing more energy generated from your solar panel installation with the federal solar tax credit, a federal tax credit on your federal income taxes
• According to the U.S. Department of Energy website, solar PV systems installed may be eligible for a 26% tax credit, and congress passed an extension of the ITC, raising it an additional 30%
• Colorado Springs Utilities Net Energy Generation Credit: If you generate more energy from your solar panels in a year than your household uses, Colorado Springs Utilities will send you an energy credit on your January utility bill
• The amount of your budget that you may earn truly makes solar panels worth the investment. Instead of paying a high power bill, you can make the “cogeneration rate,” which currently stands at around $0.02 per kWh (kilowatt hour) generated
  • The cogeneration rate is a default operation that costs you nothing when you run a home solar panel installation in Colorado Springs, CO
  • There’s no cost to sign up or anything required for you to get your energy generation credit on your January bill as you generate net electricity to the grid, which means the utility company will pay you!
• Colorado Residential Renewable Energy Personal Property Tax Exemption: Colorado residents get a personal property tax exemption for their solar panels per the website of the State of Colorado Department of Local Affairs, “Renewable energy personal property that is located on a classified residential property, owned by the residential property owner, and produces energy used by the residential property is exempt from Colorado property taxation”

Are solar panels worth the cost in Colorado Springs? If you’re mulling over the opportunity and price, you likely already know Colorado is one of the best places in the world for solar panels! According to Your Energy, a program at Colorado State University, “a five-kilowatt system may generate an average of 8,000-kilowatt hours per year. At an average cost of $.11 per KwH, Colorado households could expect an average annual savings of $880.”

However, the changes in your energy costs due to the amount of electricity your solar panel installation produces will vary depending on the sun’s output and atmospheric visibility. Additionally, the number of solar panels you and your representative decide is suitable to install on your home might also play a role. Luckily, since your solar installation takes place in the Centennial State, your unit’s electricity production will likely be more dramatic than if your unit were installed in another state without such fantastic natural solar energy levels.

Understanding how your solar energy assembly works together as a system may help you better understand the simplicity and elegance of solar generation techniques in this decade and the latest science at work in your device to harness solar energy. The following simple 5-part overview could help you follow the same trip energy takes as it is conserved through different forms, from the sun’s photosphere to your home’s standard electrical outlets!

1. Sunlight: It’s arguably the best and cheapest of Earth’s renewable resources. Nearly all energy used by life on Earth started as a photon in the photosphere of our sun, the sun, and made a 93-million-mile trip to our planet in 8 minutes.
2. Solar Panels: Our expert installers (the best solar installers!) place state-of-the-art solar cell generators in locations on your roof that receive the most direct sunlight exposure throughout the year.
3. Inverter: Each solar panel takes the sun’s light energy and converts it into D/C (direct current) electricity without emitting carbon dioxide. The inverter converts that to usable A/C (alternating current) for your home use.
4. Breaker Box: The converted A/C electricity now moves through the breaker box to protect the circuitry and is directed to the standard A/C outlets in your home.
5. Electricity Production: Excess electricity produced then flows through a municipal utility meter to enter the local power grid to be used by others.

Solar panels will likely serve you well in a state with a nickname like the “Mile High State.” It’s clear, unobstructed, natural solar coverage outshines most locales in the nation. But why should you choose to make a move to solar power in Colorado Springs, CO?

• Customers who switch lower their power usage by going solar in Colorado Springs
• Solar panels can not generate to supply others’ usage
• The more sunshine your panels get, the more of your budget you can save
• Get tax credits on your federal taxes while cutting your electric usage

With your custom solar panel system, our Colorado Springs, CO team will be sure to optimize your solar investment with your outlay, putting your rooftop power into your hands. At Meraki Solar, we’re committed to serving you this way and would be honored to help you start your solar journey.

Your Colorado Springs, CO, solar panel installation costs will depend on factors such as the size of your home, the amount of electricity usage in your home, and the number of panels you have. You could also see if you qualify for local incentives like the net generation credit from the Colorado Springs Utilities and other local incentives like the State of Colorado’s exemption for solar panels from the state personal property tax.

Each of our Colorado Springs, CO solar system installations is custom designed for you and your home to maximize your benefits of solar in Colorado Springs. There is no specific or standard cost for solar panel installations. Your local Colorado Springs, CO, solar installers and solar energy consultation teams may be able to quickly determine the pricing for your installation once they’ve had the chance to inspect your meter and wiring and consult with you to understand how many panels you want to have installed.