Solar Savings Calculator for Colorado

Colorado homeowners pay an average of $145/month for electricity at 15.5¢/kWh. With 5.5 peak sun hours per day, solar can dramatically cut your energy costs.

$145
Avg Monthly Bill
15.5¢/kWh
Electricity Rate
5.5h/day
Peak Sun Hours
$49,817
Est. 25-Year Savings

Calculate Your Savings in Colorado

Adjust Your Details for Colorado

$
$50$1,000
50010,000
5¢50¢

Your Estimated Solar Savings

System Size
5.6 kW
Panel Count
14 panels
Total System Cost
$15,400
Federal Tax Credit (30%)
-$4,620
Net Cost
$10,780
Annual Savings
$1,740
Payback Period
6.2 years
25-Year Savings
$49,817
Return on Investment
462%

* Estimates based on 5.5 peak sun hours/day in Colorado, system cost of $2.75/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Solar Incentives in Colorado

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

Colorado Renewable Energy Property Tax Exemption

The value added to a property by a solar installation is exempt from property taxes.

100% property tax exemption

Cities in Colorado

Select your city for a more precise estimate with local electricity rates and utility information.

Denver

15.8¢/kWh · 5.5h sun/day

Avg bill: $148/mo · Xcel Energy

Colorado Springs

15.2¢/kWh · 5.6h sun/day

Avg bill: $145/mo · Colorado Springs Utilities

Aurora

15.5¢/kWh · 5.5h sun/day

Avg bill: $142/mo · Xcel Energy

Fort Collins

14.8¢/kWh · 5.4h sun/day

Avg bill: $138/mo · Fort Collins Utilities

Lakewood

15.5¢/kWh · 5.5h sun/day

Avg bill: $140/mo · Xcel Energy

Boulder

15.8¢/kWh · 5.5h sun/day

Avg bill: $145/mo · Xcel Energy

Pueblo

15¢/kWh · 5.6h sun/day

Avg bill: $135/mo · Black Hills Energy

More Solar Resources for Colorado

Colorado Solar IncentivesTax credits, rebates, and SRECsColorado Cost ComparisonSolar vs. grid costs over 25 yearsColorado System SizingHow many panels your home needsColorado Permits & RegulationsLocal permit requirements and HOA rulesIs Solar Worth It in Colorado?Data-driven analysis for your stateColorado Financing OptionsCompare loans, leases, and PPAs

Go Solar in Colorado

Join thousands of Colorado homeowners saving with solar. Get a free personalized quote from Melia King Solar.

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