Best 5 Solar Companies in Greeley, CO

How To Choose the Best Solar Company in Greeley

The more thorough your provider search is, the better your solar panels will ultimately perform. Make your choice based on the following important considerations.

Licensing and Training

While electricians and plumbers in Colorado have state-issued licenses from the Colorado Electrical Board or Colorado State Plumbing Board, the state's unique home-rule structure means counties and cities can issue solar contracting licenses if they choose. Check a company's website for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), among the solar industry's most credible trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Greeley

The kind of solar panels you purchase dictates how much energy you can produce. Monocrystalline panels and high-quality and cost more but give you the best performance. Polycrystalline panels work with a tried-and-true mechanism and cost less, but produce less power. Thin-film panels aren't recommended for large residential installations, but they are ideal for small projects like converting RVs and sheds.

Additional components, such as electric vehicle (EV) chargers and battery storage, will raise your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not every solar contractor offers these add-ons, so look for a provider that sells them if it's crucial for you.

If you're a resident of Greeley and want a five-kilowatt solar energy system, you could plan to spend about $19,900 for parts and installation. Find more information on specific component and solar panel costs in the table.

Financing Solar Energy in Greeley

Choosing the right financing solution will influence your overall solar system cost and potential savings. Common payment options include leases, power purchase agreements, cash payments, and loans. We recommend making a cash payment or using a solar loan for the best return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also own your system and can apply for solar panel incentives to cut your total costs. Solar loans are another good option if you don’t want to make a big initial investment. You can pay for your system in installments while still benefiting from energy bill savings and solar incentives. However, you’ll pay more in total due to accruing interest. Solar leases let you use your panels for a fixed monthly rate, while PPAs let you pay only for the energy you use, much like an electric bill. Both options disqualify you for solar incentives and don't grant you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. We recommend working with a contractor that offers multiple financing options. Talk to each consultant about what's available, and get more than one estimate for the best odds of staying within your spending limits.

The table below lists the average payback periods for different capacities of solar systems in Greeley.

A 26% federal solar tax credit applies to recently-purchased solar equipment purchased through 2032. Additional incentives may be available through local governments, usually in the form of rebates and special financing programs.