Solar power in Denver, Colorado
Xcel being the power provider in Denver means that residents and business owners here receive full net metering greatly enhancing the payback times for installing solar. Net metering means that utilities must credit you 1 for 1 with their retail power price for excess solar production sent to their grid. Xcel also runs an SREC program where they must source a percentage of their energy from renewable sources to keep the government happy although the money Xcel gives out is one 2 cents per kWh of solar generated it's still better than nothing. There is also the 30% federal solar tax credit so you can claim 30% of the total system cost as a tax deduction. Many incentives are set to expire or step down so homeowners best act now!
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator 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 Denver 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 Denver, Colorado in 2018 is $3.56 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Denver, CO is $17,800. (before claiming 30% tax credit and other rebates)
What does the cost of a real solar system look like?
Facts about installing a 3.58kW solar system in Denver, CO
This system would offset 100% of your energy usage if your typical monthly bill is $54, however your situation may vary so try our solar calculator to get a result tailored to you.
Net cost of system
Cash - after 30% solar tax credit
11 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 3.58kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in Denver, CO that provide pricing through the Solar-Estimate marketplace
Average total cost of solar panel installation in Colorado
|System Size||Cash purchase
After 30% solar tax credit
After 30% solar tax credit
Design your own solar panel system for your home
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:
Find your local rebates and incentives
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.