Solar Panel Cost Guide in Pueblo West, CO (2023 Update)
- Pueblo West Solar Installation Cost: $9,246
- 25-Year Savings: $26,491
- Payback Period: 6.5 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Pueblo West
Let's take a look at the average cost of solar panels in Pueblo West.
In Pueblo West, solar panels cost about 2.69 per watt on average. The average solar panel system size in Pueblo West is around 4.9 kilowatts, meaning a cost of about $9,246 for a solar installation, or $13,222 before the 30% federal solar 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 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. With typical savings of about $28,000 on utility bills over 20 years, many homeowners in Pueblo West find installing solar panels can be quite rewarding.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Pueblo West
| Year | Return on Investment |
|---|---|
| 1 years | $-7,816 |
| 3 years | $-4,957 |
| 5 years | $-2,098 |
| 7 years | $761 |
| 9 years | $3,620 |
| 11 years | $6,479 |
| 13 years | $9,337 |
| 15 years | $12,196 |
| 17 years | $15,055 |
| 19 years | $17,914 |
| 21 years | $20,773 |
| 23 years | $23,632 |
| 25 years | $26,491 |
Top Solar Installers in Pueblo West
Trying to put up solar panels on your own can be a time-consuming undertaking, which is why getting a solar installation company is a good option for many homeowners. The expertise that solar installers offer can be invaluable as well, particularly if you don't quite know what type of solar equipment would be right for your home.
If you'd like to make the switch to solar but still aren't certain which solar installer to go with, here are our recommendations for providers in Pueblo West:
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 Pueblo West
Factors that Affect Solar Panel Costs in Pueblo West
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Pueblo West: 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 energy system you need for your home, 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 nearly $2,690. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your energy bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Pueblo West average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in Pueblo West, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable. When considering your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panels can affect 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 take advantage of 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 help you save 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 | $2.80 | $11,750 | $31,954 | 6.7 years |
| 8 kW | $2.74 | $15,365 | $42,907 | 6.6 years |
| 10 kW | $2.69 | $18,830 | $54,010 | 6.5 years |
| 12 kW | $2.64 | $22,144 | $65,264 | 6.3 years |
| 14 kW | $2.58 | $25,308 | $76,668 | 6.2 years |
| 16 kW | $2.53 | $28,320 | $88,224 | 6.1 years |
| 18 kW | $2.47 | $31,182 | $99,929 | 5.9 years |
| 20 kW | $2.42 | $33,894 | $111,786 | 5.8 years |
How to Save on Solar Panels
The solar company you choose will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, including:
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Contract: Although reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Warranty: If you're concerned about the longevity of your solar energy system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Pueblo West, CO Solar Cost FAQs
How much does it cost to install solar panels in Pueblo West?
The average cost of solar panels in Pueblo West 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 certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Pueblo West?
You can't get solar panels for free in Pueblo West. 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 rather own your solar panels, you can finance them with a solar loan.
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 $1,456.80 per year.
How long do solar panels last in Pueblo West?
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 higher 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.