Solar Savings Calculator for Boulder, CO

Homeowners in Boulder pay an average of $145/month for electricity through Xcel Energy. With 5.5 peak sun hours per day, solar panels can significantly reduce your energy costs.

$145
Avg Monthly Bill
15.8¢/kWh
Electricity Rate
5.5h/day
Peak Sun Hours
$49,817
Est. 25-Year Savings

Calculate Your Savings in Boulder

Adjust Your Details for Boulder, 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
$1,740
Payback Period
6.2 years
25-Year Savings
$49,817
Return on Investment
462%

* Estimates based on 5.5 peak sun hours/day in Boulder, 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 Boulder

Utility & Permits

Utility Company
Xcel Energy
Permit Cost
$350
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 Boulder, 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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