Cost Of Solar Panels In Colorado

Solar incentives in colorado colorado does not offer a state incentive for homeowners going solar but several utilities and local organizations do.

Cost of solar panels in colorado. Solar panels in colorado cost about 15 900 with average prices for a solar panel system ranging from 13 388 to 18 112 in the us for 2020 according to energysage. The cost of solar panels to power your house are 4 to 10 per square foot. As of sep 2020 the average cost of solar panels in colorado is 2 5 per watt making a typical 6000 watt 6 kw solar system 11 078 after claiming the 26 federal solar tax credit now available. Below are cost estimates based on home size.

As of august 2020 the average cost of solar panels per watt in colorado is 4 00 watt. As of september 2020 the average solar panel cost in colorado is 3 14 w. For more information on the cost of going solar in colorado read on. Colorado s average cost of a solar panel installation ranges from 13 345 to 18 055.

This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt. Given a solar panel system size of 5 kilowatts kw an average solar installation in colorado ranges in cost from 13 345 to 18 055 with the average gross price for solar in colorado coming in at 15 700. How much do solar panels cost in colorado. However most installers estimate solar costs by the amount of energy needed at 2 53 to 3 15 per watt before any tax credits or incentives.

After accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price you ll pay for solar can fall by thousands of dollars. A typical 6000 watt 6 kw solar system is 24 028 before the federal solar credit and 17 780 after claiming the federal solar tax credit. How much do solar panels cost in colorado. What is the current average solar panel cost in colorado based on current offers.

Department of energy s q4 16 sunshot report the median price of residential solar in major markets was 4 20 per wattwith the lowest 20 at approximately 3 50 per watt. In 2020 the cost for a 5 kilowatt kw solar installation in colorado is about 12 000 after tax credits and about 17 000 before tax credits. According to the u s. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.

To help more residents get started on solar energy colorado offers considerable tax incentives and a solid net metering program.