Solar Savings Calculator for Aurora, CO
Homeowners in Aurora pay an average of $142/month for electricity through Xcel Energy. With 5.5 peak sun hours per day, solar panels can significantly reduce your energy costs.
$142
Avg Monthly Bill
15.5¢/kWh
Electricity Rate
5.5h/day
Peak Sun Hours
$48,564
Est. 25-Year Savings
Calculate Your Savings in Aurora
Adjust Your Details for Aurora, CO
$
$50$1,000
50010,000
5¢50¢
Your Estimated Solar Savings
System Size
5.6 kW
Panel Count
14 panels
Total System Cost
$15,400
Federal Tax Credit (30%)
-$4,620
Net Cost
$10,780
Annual Savings
$1,704
Payback Period
6.3 years
25-Year Savings
$48,564
Return on Investment
450%
* Estimates based on 5.5 peak sun hours/day in Aurora, CO, 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.
Local Solar Details for Aurora
Utility & Permits
- Utility Company
- Xcel Energy
- Permit Cost
- $325
- Permit Timeline
- 2-4 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 5.6 kW
- Panel Count
- 14 panels
- Gross Cost
- $15,400
- Net Cost (after credits)
- $10,780
Available Incentives for Aurora, CO
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.
Other Cities in Colorado
More Solar Tools for Aurora
Aurora Solar IncentivesAll available tax credits and rebatesAurora Cost ComparisonSolar vs. grid costs over 25 yearsAurora System SizingHow many panels your home needsAurora Permits & RegulationsLocal permit requirementsIs Solar Worth It in Aurora?Data-driven analysis for your cityAurora Financing OptionsCompare loans, leases, and PPAs
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