Solar Panel Cost Guide in Fort Lupton, CO (Nov 2022)

  • Fort Lupton Solar Installation Cost: $9,867
  • 25-Year Savings: $17,498
  • Payback Period: 9.0 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Fort Lupton

We break down average solar pricing in Fort Lupton.

The national average cost of solar panels is $2.66 per watt, but in Fort Lupton it's $3 per watt. The average Fort Lupton homeowner needs a 5.2-kilowatt system, which would cost about $9,867, or $7,302 after the federal solar tax credit of 30% is applied.

The true price you pay can go higher or lower than the average in Fort Lupton based on several factors, such as the type of solar panels you choose and the solar company you hire. But, once you've paid the upfront cost of installation, the payback for most homeowners is quite rewarding, with a net average savings of about $20,000 over 20 years on electricity bills.

To see your potential savings and connect with a local solar company, click the button below.

Solar savings over time in Fort Lupton

Year Return on Investment
1 years $-8,772
3 years $-6,583
5 years $-4,394
7 years $-2,205
9 years $-16
11 years $2,174
13 years $4,363
15 years $6,552
17 years $8,741
19 years $10,930
21 years $13,119
23 years $15,309
25 years $17,498

Top Solar Installers in Fort Lupton

DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Using a solar panel installer can make your switch to solar power much easier. Plus, if you aren't sure what brand of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.

If you're searching for a solar company in Fort Lupton, the EcoWatch team has organized a list of our top suggestions here:

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 Fort Lupton

Factors that Affect Solar Panel Costs in Fort Lupton

Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Fort Lupton: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.

Solar Equipment

The size of the solar system you need for your household is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,690. The brand and kind of equipment you get for your solar system can increase or decrease 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 more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.

Solar Financing Terms

Most solar installers in Fort Lupton provide solar loans, which reduce the initial cost of installing a solar system. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.

Solar Panel Installation Company

The solar panel installer you choose will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor. The size of the company sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.

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 $19,563 9.4 years
8 kW $2.74 $15,365 $26,386 9.2 years
10 kW $2.69 $18,830 $33,359 9.0 years
12 kW $2.64 $22,144 $40,482 8.8 years
14 kW $2.58 $25,308 $47,756 8.7 years
16 kW $2.53 $28,320 $55,181 8.5 years
18 kW $2.47 $31,182 $62,757 8.3 years
20 kW $2.42 $33,894 $70,483 8.1 years

How to Save on Solar Panels

There are many companies to choose from in Fort Lupton, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:

  • Contract: Although reading through a contract can take a lot of time, it's important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
  • Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
  • Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
  • Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.

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 Fort Lupton, CO Solar Cost FAQs

How much does it cost to install solar panels in Fort Lupton?

The average cost of solar panels in Fort Lupton is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you consume.

Are solar panels free in Fort Lupton?

You can't get solar panels for free in Fort Lupton. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.

Do solar panels increase your property value?

Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."

What solar power system size is right for my home?

To figure out how many solar panels you need, you should find out 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.

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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