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
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.

30% of system cost

Colorado Renewable Energy Property Tax Exemption

The value added to a property by a solar installation is exempt from property taxes.

100% property tax exemption

Other Cities in Colorado

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