Solar Panel Cost Guide in Clifton, CO (2023 Update)
- Clifton Solar Installation Cost: $9,625
- 25-Year Savings: $19,190
- Payback Period: 8.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Clifton
We break down average solar pricing in Clifton.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Clifton, the typical cost of solar panels is 2.69 per watt. Using this figure, a typical 5.1-kW system would cost about $9,622 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of installing solar panels can vary quite a bit depending on a few factors, such as what size system you need, your energy usage and what solar installer you go with. With typical savings of about $21,000 on electricity bills over 20 years, many homeowners in Clifton find investing in solar has a decent ROI.
Click the button below to get connected to a vetted solar installer in Clifton for a personalized quote.
Solar savings over time in Clifton
| Year | Return on Investment |
|---|---|
| 1 years | $-9,529 |
| 3 years | $-9,337 |
| 5 years | $-9,145 |
| 7 years | $-8,953 |
| 9 years | $-8,760 |
| 11 years | $-8,568 |
| 13 years | $-8,376 |
| 15 years | $-8,184 |
| 17 years | $-7,992 |
| 19 years | $-7,800 |
| 21 years | $-7,608 |
| 23 years | $-7,416 |
| 25 years | $-7,224 |
Top Solar Installers in Clifton
DIY solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Going with an installer can make your swap to solar power much easier. Solar warranties and repairs are often included in the cost of installation when you sign a contract with a solar contractor as well, which can save you more money after your initial investment.
If you'd like to go solar but still aren't certain which solar installer to go with, here are our suggestions for providers near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Clifton
Factors that Affect Solar Panel Costs in Clifton
There are several factors that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. There are several different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Clifton provide solar loans, which reduce the initial cost of installing solar panels. Even though solar loans make switching to solar energy more accessible for Clifton homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you choose to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar installation companies operating in Clifton, and each can charge varying amounts for labor and equipment. The company's size sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.80 | $11,750 | $22,074 | 8.7 years |
| 8 kW | $2.74 | $15,365 | $29,733 | 8.5 years |
| 10 kW | $2.69 | $18,830 | $37,543 | 8.4 years |
| 12 kW | $2.64 | $22,144 | $45,504 | 8.2 years |
| 14 kW | $2.58 | $25,308 | $53,615 | 8.0 years |
| 16 kW | $2.53 | $28,320 | $61,877 | 7.8 years |
| 18 kW | $2.47 | $31,182 | $70,289 | 7.7 years |
| 20 kW | $2.42 | $33,894 | $78,852 | 7.5 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose considerably affects your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: The type of solar panel you need plays a part in which installer you should go with, since different companies offer different panels.
- Contract: Although reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Warranty: If you're concerned about the longevity of your solar energy system, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be done and how long it will take.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Clifton, CO Solar Cost FAQs
How much does it cost to install solar panels in Clifton?
This is a hard question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
The initial cost is a crucial factor to consider, but whether it's the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Does Clifton have a net metering program?
Most states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Clifton?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them after having them for that long or you can continue to use them at a lower efficiency.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.