Solar power in Littleton, Colorado
Xcel offers its Littleton customers a great net metering program, making solar am easy financial choice here.
There is also the federal solar tax credit covering a large portion of the total system cost (26% in 2020, and 22% in 2021) as a tax deduction, you may spread this incentive over many years as well. The federal solar tax credit also has no size limits, the set percentage can always be claimed no matter the size.
Littleton is a haven for rooftop solar, and you'd be crazy to let these incentives expire.
Net Metering Broken Down
Not only will Xcel credit each kWh of excess solar generation sent to the grid at the retail value they will also pay you for excess credit after covering power your home has drawn. This is one of the best net metering plans in the country!
The average cost of installing residential solar panels in Littleton,
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 Littleton, CO
is $13,350.
(after claiming 26% tax credit and other rebates)
The 26% federal solar tax credit explained
If you have a federal income tax liability, 26% of the cost of your solar system can be claimed as a deduction to your taxes. This incentive is claimed when you do your taxes. In order to receive the tax credit quicker it's best to do your taxes as soon as possible after installation.
What if my tax liability is less than 26% of my systems costThere is the option to claim this incentive over several years if your tax liability is less than 26% of the system cost.
How much will solar panels on my home save me?
The answer to this question depends on your electricity usage. Generally speaking the greater your power usage the greater the potential savings from installing solar.
The average monthly usage in Colorado is only 706kWh per month however, you are most likely using a lot more than this since this average includes condos and small apartments.
The Littleton solar panel savings calculator below will convert your monthly power spend into power usage (in kWh's) and then work out exactly how many solar panels you need to offset your usage, how much they will cost based on the prices of local solar companies and the amount you will save. Our Colorado solar savings calculator can do this because it contains a database of the electric rates charged by XCEL - Public Service Company of Colorado, Intermountain Rural Elec Assn, Morgan County Rural Elec Assn, Mountain View Elec Assn Inc, United Power Inc, WAPA-- Western Area Power Administration
How much can solar panels save you in Littleton
What does the cost of a real solar system look like?
Facts about installing a 10.42kW solar system in Littleton, CO
This system would offset 100% of your energy usage if your typical monthly bill is $157, however your situation may vary so try our Littleton solar calculator to get a result tailored to you.
$18,506
Net cost of system
8 Years 3 Months
Average payback time
15,287 kWh
Annual power production
5¢/kWh
Levelized cost of solar energy
22¢/kWh
If you don't get solar
Cash flow graph based on cash purchase of this 10.42kW system
Life-time savings on this system over the next 25 years
$57,068
(Prices shown after repayments of capital)
32
Solar companies in Littleton, CO that provide pricing through the Solar-Estimate marketplace.
Average total cost of solar panel installation in Littleton
| 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 |
Find out what system size you need 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:
| 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 |
| Xcel Energy - Residential Energy Efficiency Financing | Utility | Loan Prgoram |
| Xcel Energy - Solar*Rewards Program | Utility | Performance-Based Incentive |
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.
