Solar Panel Cost Guide in Delta, CO (2023 Update)
- Delta Solar Installation Cost: $9,716
- 25-Year Savings: $21,377
- Payback Period: 7.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Delta
Find out how much it might cost to switch to solar power in Delta.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Delta, the average cost of a solar system is 2.69 per watt. To cover the typical energy usage of the average home in Delta, most homeowners require a 5.2-kilowatt system. Using the figure above, a solar installation costs around $9,716, or $13,894 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Delta homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. For most homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $23,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Delta that can help you get a more accurate cost estimate for your home.
Solar savings over time in Delta
Year | Return on Investment |
---|---|
1 years | $-8,473 |
3 years | $-5,985 |
5 years | $-3,498 |
7 years | $-1,010 |
9 years | $1,477 |
11 years | $3,965 |
13 years | $6,452 |
15 years | $8,940 |
17 years | $11,427 |
19 years | $13,914 |
21 years | $16,402 |
23 years | $18,889 |
25 years | $21,377 |
Top Solar Installers in Delta
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Going with a solar panel installer can make your switch to solar power much easier. Companies can also have access to a large variety of the best solar panels and help you decide which one will be right for your home.
Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:
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 Delta
Factors that Affect Solar Panel Costs in Delta
The cost of installing a solar system in Delta can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay about $2,690 per kilowatt in Delta. There are many different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are a popular option because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in Delta, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
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 | $24,389 | 8.1 years |
8 kW | $2.74 | $15,365 | $32,820 | 8.0 years |
10 kW | $2.69 | $18,830 | $41,402 | 7.8 years |
12 kW | $2.64 | $22,144 | $50,134 | 7.7 years |
14 kW | $2.58 | $25,308 | $59,017 | 7.5 years |
16 kW | $2.53 | $28,320 | $68,050 | 7.3 years |
18 kW | $2.47 | $31,182 | $77,235 | 7.2 years |
20 kW | $2.42 | $33,894 | $86,570 | 7.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: Before you sign a contract with a solar company, be sure to look it over carefully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Delta, CO Solar Cost FAQs
What is the average cost of installing solar panels in Delta?
The average cost of solar panels in Delta is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my power bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,204.64 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.