Solar power in Colorado Springs, Colorado
The city of Colorado Springs provides net metering to it's customers. Net metering values unused solar generation at retail value per kWh. After covering your bill from times your system can't service your loads credit is given to future months at the same rate. Net metering is excellent because solar produces the most during the middle of the day when most people aren't home, all that power sent to the grid are savings!
There is also federal ITC meaning 30% of the system cost can be claimed as a deduction to federal taxes. With this sort of investment opportunity you'd be mad not to go solar and for each year you wait incentives will only get worse and your power bill will only go up.
Even if you're still sceptical it doesn't hurt to get a free estimate by entering your zip code below.
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Colorado Springs to find out:
- How many solar panels you need to cover your power bill;
- How suitable your house is for solar;
- What incentives your house may be eligible for;
- The cost of solar panel installation in Colorado Springs and whether you are eligible for zero down solar deals; and
- Your likely payback period and return on investment from installing solar
Estimate your solar savings
The average cost of installing residential solar panels in Colorado Springs, Colorado in 2020 is $2.67 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Colorado Springs, CO is $13,350. (before claiming 26% tax credit and other rebates)
What does the cost of a real solar system look like?
Facts about installing a 8.86kW solar system in Colorado Springs, CO
This system would offset 100% of your energy usage if your typical monthly bill is $178, however your situation may vary so try our Colorado Springs solar calculator to get a result tailored to you.
Net cost of system
Cash - after 26% solar tax credit
5 Years 6 Months
Average payback time
Annual power production
levilized cost of solar energy
If you don't get solar
The forecast average utility price over the next 25 years
Cash flow graph based on cash purchase of this 8.86kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in Colorado Springs, CO that provide pricing through the Solar-Estimate marketplace
Average total cost of solar panel installation in Colorado
|System Size||Cash purchase
After 26% solar tax credit
After 26% solar tax credit
Going solar in Colorado
Check out all of the ways energy providers of Colorado can help you be more energy efficient and save money.
The following programs are available:
|Residential Renewable Energy Tax Credit||Federal||Personal Tax Credit|
|Sales and Use Tax Exemption for Renewable Energy Equipment||State||Sales Tax Incentive|
|Property Tax Exemption for Residential Renewable Energy Equipment||State||Property Tax Incentive|
|RENU Loan Program||State||Loan Program|
|Net Metering||State||Net Metering|
|Colorado Springs Utilities - Renewable Energy Rebate Program||Utility||Rebate Program|
|Black Hills Energy - Solar Power Program||Utility||Performance-Based Incentive|
|Xcel Energy - Residential Energy Efficiency Financing||Utility||Loan Prgoram|
|Xcel Energy - Solar*Rewards Program||Utility||Performance-Based Incentive|
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.