Solar Panel Cost Guide in Estes Park, CO (Feb 2023)

  • Estes Park Solar Installation Cost: $10,168
  • 25-Year Savings: $18,033
  • Payback Period: 9.0 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Estes Park

Find out how much it might cost to go solar in Estes Park.

The average cost of a solar panel system in Estes Park is $3 per watt. Using this figure, a typical 5.4 would cost about $10,168 before the 30% federal solar tax credit is applied.

These figures are just averages, and how much solar costs for you may differ based on factors unique to your home and what company you want to go with. With typical savings of about $20,000 on electricity bills over 20 years, many homeowners in Estes Park find investing in solar can be quite rewarding.

For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.

Solar savings over time in Estes Park

Year Return on Investment
1 years $-9,040
3 years $-6,784
5 years $-4,528
7 years $-2,272
9 years $-16
11 years $2,240
13 years $4,496
15 years $6,752
17 years $9,008
19 years $11,265
21 years $13,521
23 years $15,777
25 years $18,033

Top Solar Installers in Estes Park

DIY solar panel installation is a possibility, but it's an undertaking that can be a headache. Taking advantage of an installer can make switching to solar power much easier. Another perk of utilizing a solar company is that they can help you optimize your return of investment by lowering your future costs of repairs and replacements due to warranties and informing you of local incentives you can take advantage of.

You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some in Estes Park:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Estes Park

Factors that Affect Solar Panel Costs in Estes Park

For many Estes Park homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Estes Park, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you'll pay, which we'll go over below.

Solar Equipment

System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your electric bills. In addition, extra products, such as solar batteries, can bump up your total well above the Estes Park average.

Solar Financing Terms

If paying for solar panels out of pocket is too expensive, solar loans are an affordable route because they cut back your upfront costs and let you pay for your system over five to seven years on average. However, the interest on solar loans also increases your all-in costs, so it's crucial to keep that in mind as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.

Solar Panel Installation Company

The solar company you opt for to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar panel companies operating throughout Estes Park, and each can charge different amounts for labor and equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and decide on the company that offers the products, warranties and services you want and also fits within your budget.

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 $19,581 9.4 years
8 kW $2.74 $15,365 $26,409 9.2 years
10 kW $2.69 $18,830 $33,388 9.0 years
12 kW $2.64 $22,144 $40,518 8.8 years
14 kW $2.58 $25,308 $47,798 8.7 years
16 kW $2.53 $28,320 $55,229 8.5 years
18 kW $2.47 $31,182 $62,810 8.3 years
20 kW $2.42 $33,894 $70,542 8.1 years

How to Save on Solar Panels

The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:

  • Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
  • Warranty: Warranties that cover replacement parts and repairs over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one indication of a quality company.
  • Contract: Read the contract terms carefully to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
  • Solar Panel Brands: Different companies will carry various brands and kinds of panels. If you want a specific brand, make sure the solar panel company you're considering has it.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Estes Park, CO Solar Cost FAQs

What is the average cost of installing solar panels in Estes Park?

This is a difficult question to answer precisely, because the cost depends on many 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. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.

Should I lease or buy solar panels in Estes Park?

Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.

Can solar panels eliminate my electricity 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 $1,044.36 per year.

How many solar panels should I get to power my home?

The exact number of solar panels you need depends on your household energy needs and the average daily 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 get 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.

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