Solar Panel Cost Guide in Firestone, CO (2025 Update)
- Firestone Solar Installation Cost: $14,608
- 25-Year Savings: $17,015
- Payback Period: 13.6 Years
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Average Cost of Solar Panels in Firestone
Let’s take a look at the average cost of solar in Firestone.
Although the national average of solar panels is $2.66 per watt, solar panels in Firestone generally cost about 4.Using this figure, a typical 5.2-kW system would cost about $14,608 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The actual cost of making the switch to solar can vary quite a bit depending on a few factors, such as how many panels you need, your energy consumption and what installation company you go with.But, once you've paid the initial cost of installation, the ROI for most homeowners is usually good, with a net average savings of about $19,000 over 20 years on energy bills.
Click the button below to get connected to a top solar company in Firestone for a customized estimate.
Solar savings over time in Firestone
| Year | Return on Investment |
|---|---|
| 1 years | $-13,527 |
| 3 years | $-11,365 |
| 5 years | $-9,203 |
| 7 years | $-7,041 |
| 9 years | $-4,879 |
| 11 years | $-2,717 |
| 13 years | $-555 |
| 15 years | $1,607 |
| 17 years | $3,769 |
| 19 years | $5,931 |
| 21 years | $8,093 |
| 23 years | $10,255 |
| 25 years | $12,417 |
Top Solar Installers in Firestone
When going solar, many homeowners opt to use a solar installer since putting up solar panels yourself can be a challenging project. Because solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by reducing potential costs down the line.
If you’d like to switch to solar energy but still aren’t sure which solar installer to go with, here are our suggestions for providers in Firestone:
See all of the solar companies in Firestone
Factors that Affect Solar Panel Costs in Firestone
Even though the average cost of a solar system in Firestone is $14,608, your final cost may be above or below the average. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,980. The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are offered by most installers in Firestone, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Firestone is the company you choose to install your PV system. Similar to choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services for different budgets.Additionally, some companies in Firestone are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $4.14 | $17,385 | $13,383 | 14.1 years |
| 8 kW | $4.06 | $22,734 | $18,289 | 13.9 years |
| 10 kW | $3.98 | $27,860 | $23,419 | 13.6 years |
| 12 kW | $3.90 | $32,763 | $28,771 | 13.3 years |
| 14 kW | $3.82 | $37,444 | $34,347 | 13.0 years |
| 16 kW | $3.74 | $41,901 | $40,145 | 12.8 years |
| 18 kW | $3.66 | $46,136 | $46,166 | 12.5 years |
| 20 kW | $3.58 | $50,148 | $52,410 | 12.2 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. While there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of options before deciding.
EcoWatch's Firestone, CO Solar Cost FAQs
What is the average cost of installing solar panels in Firestone?
The average cost of solar panels in Firestone is about $19,900 for a 5-kW system and $39,800 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Firestone?
You can’t get solar panels for free in Firestone. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Firestone?
The majority of states have net metering programs of some kind. Through these, you can either get paid for the extra power your system generates 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.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.