Solar Panel Cost Guide in Pueblo West, CO (2024 Update)
- Pueblo West Solar Installation Cost: $13,668
- 25-Year Savings: $26,498
- Payback Period: 9.6 Years
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Average Cost of Solar Panels in Pueblo West
Find out what the average cost of a solar system is in Pueblo West.
The national average cost of solar panels is $2.66 per watt, but in Pueblo West it’s 4 per watt.The average Pueblo West homeowner needs a 4.9-kilowatt system, which would cost about $13,668 with the federal tax credit, or $19,545 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Pueblo West homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.With average savings of about $28,000 on power bills over 20 years, many homeowners in Pueblo West find going solar has a decent ROI.
Click the button below to get connected to a highly rated solar installer in Pueblo West for a custom quote.
Solar savings over time in Pueblo West
Year | Return on Investment |
---|---|
1 years | $-12,283 |
3 years | $-9,512 |
5 years | $-6,741 |
7 years | $-3,970 |
9 years | $-1,199 |
11 years | $1,572 |
13 years | $4,343 |
15 years | $7,114 |
17 years | $9,885 |
19 years | $12,656 |
21 years | $15,427 |
23 years | $18,198 |
25 years | $20,969 |
Top Solar Installers in Pueblo West
Many homeowners decide to use a solar installer since figuring out how to install solar panels yourself can be time-consuming. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance in the long run.
If you're looking for a solar company in Pueblo West, we've organized a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Pueblo West
Factors that Affect Solar Panel Costs in Pueblo West
For many Pueblo West homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Pueblo West, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend about $3,980 per kilowatt in Pueblo West.The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price 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 will be looking at a higher equipment cost, but this can typically lead to more 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
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many Pueblo West homeowners opt to finance their solar panel systems to offset upfront costs.However, the interest on solar loans also increases your all-in costs, so it’s crucial to take that into consideration as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you choose to install your solar system can play a part in determining your pricing. Pueblo West’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Pueblo West are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, 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 | $26,319 | 9.9 years |
8 kW | $4.06 | $22,734 | $35,538 | 9.8 years |
10 kW | $3.98 | $27,860 | $44,980 | 9.6 years |
12 kW | $3.90 | $32,763 | $54,645 | 9.4 years |
14 kW | $3.82 | $37,444 | $64,532 | 9.2 years |
16 kW | $3.74 | $41,901 | $74,643 | 9.0 years |
18 kW | $3.66 | $46,136 | $84,976 | 8.8 years |
20 kW | $3.58 | $50,148 | $95,532 | 8.6 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose greatly impacts your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Warranty: Each company may offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: The type of solar panel you’d like to get plays a role in which company you should go with, since different companies have access to different panels.
- 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.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Pueblo West, CO Solar Cost FAQs
What is the average cost of installing solar panels in Pueblo West?
The average cost of solar panels in Pueblo West 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 use.
Is cost the most important thing to consider when buying solar panels?
Cost is a crucial factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Is going solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.