Solar Panels in Colorado

Everything you need to know about going solar in Colorado (CO).

Average Sun Hours/Day5.5 hours
Average System Cost (8 kW)$20,000
Federal Tax Credit (30%)-$6,000
Net Cost After Federal Credit$14,000
Estimated Annual Savings$2,088/year
Estimated Payback Period6.7 years
State Solar IncentivesYes — state incentives available

Solar Incentives in Colorado

Federal Investment Tax Credit (ITC)

The 30% federal solar tax credit is available to all Colorado residents. For an 8 kW system, this saves approximately $6,000.

State Incentives Available

Colorado offers additional state-level solar incentives, which may include tax credits, rebates, net metering, or renewable energy certificates. Check with your local utility and the DSIRE database for current programs.

Recommended Solar Panels for Colorado

With excellent sun exposure (5.5 hours/day), Colorado homeowners can maximize value with high-efficiency panels:

Frequently Asked Questions

How much do solar panels cost in Colorado?

The average cost of an 8 kW solar system in Colorado is approximately $20,000 before incentives. After the 30% federal tax credit, the net cost is around $14,000.

How much can I save with solar in Colorado?

An 8 kW solar system in Colorado can save approximately $2,088 per year on electricity bills, with an estimated payback period of 6.7 years.

Does Colorado have solar incentives?

Yes, Colorado offers state-level solar incentives in addition to the federal 30% tax credit.