Denver, CO – May 30, 2022 – ARE Solar, a locally owned solar installation company in Denver, gives homeowners and business owners good news when deciding to invest in solar panels.
The ROI – return on investment – for business owners – is as short as 5 to 7 years. Any business owner knows this is a remarkable turnaround time.
If the business owner invests $100,000 in installing solar panels in Denver, the electricity savings will pay back the investment in 5 to 7 years. If the business owner has a utility bill about $20,000 less each year, he has recouped his investment by year 5. Or if the utility bill goes down $14,000 per year, they have paid off their investment.
When residents install residential solar panels in Denver, their original investment is much smaller. So, even though it will take a little longer, homeowners still enjoy a tremendous return on investment. Residential installations typically have a return on investment of 7 to 9 years. So if the cost of solar panels for the home in Denver is $20,000 and your utility bill goes down by about $2800 every month, you have completely paid for your solar panels at the end of seven years. Now your energy savings are pure gravy.
About ARE Solar
Founded in 2009 by owner David Waldman, ARE Solar is the best-rated solar energy installation contractor in the greater Denver metro area. No matter the size of the job, our only goal is customer satisfaction.
Company Name: ARE Solar
Contact Person: David Waldman
Email: Send Email
Phone: (720) 706-2773
Address:1155 S Tejon St
Country: United States