Cost of solar in Colorado Springs, CO

Electricity Consumption in Colorado Springs

Electricity Consumption by Colorado residents averages 706 kWh per month. It ranks #15 in the nation for savings from installing solar panels on the home.

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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:

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Solar power in Colorado

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



Solar calculator and quote comparison tool

Average total cost of solar panel installation in Colorado

System Size Cash purchase
After 26% solar tax credit
Financed purchase
After 26% solar tax credit
3kw $6,371 $6,881
4kw $8,288 $8,951
5kw $10,101 $10,909
6kw $11,855 $12,803
7kw $13,468 $14,545
8kw $14,978 $16,176
9kw $16,450 $17,766
10kw $17,760 $19,181


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:
Incentive Name Eligibility Type
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.