Solar Savings Calculator for Colorado
Colorado homeowners pay an average of $145/month for electricity at 15.5¢/kWh. With 5.5 peak sun hours per day, solar can dramatically cut your energy costs.
Calculate Your Savings in Colorado
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Your Estimated Solar Savings
* Estimates based on 5.5 peak sun hours/day in Colorado, system cost of $2.75/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Solar Incentives in Colorado
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
Colorado Renewable Energy Property Tax Exemption
The value added to a property by a solar installation is exempt from property taxes.
Cities in Colorado
Select your city for a more precise estimate with local electricity rates and utility information.
Denver
15.8¢/kWh · 5.5h sun/day
Avg bill: $148/mo · Xcel Energy
Colorado Springs
15.2¢/kWh · 5.6h sun/day
Avg bill: $145/mo · Colorado Springs Utilities
Aurora
15.5¢/kWh · 5.5h sun/day
Avg bill: $142/mo · Xcel Energy
Fort Collins
14.8¢/kWh · 5.4h sun/day
Avg bill: $138/mo · Fort Collins Utilities
Lakewood
15.5¢/kWh · 5.5h sun/day
Avg bill: $140/mo · Xcel Energy
Boulder
15.8¢/kWh · 5.5h sun/day
Avg bill: $145/mo · Xcel Energy
Pueblo
15¢/kWh · 5.6h sun/day
Avg bill: $135/mo · Black Hills Energy
More Solar Resources for Colorado
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