Solar Panel Cost Guide in Roxborough Park, CO (Mar 2023)
- Roxborough Park Solar Installation Cost: $9,679
- 25-Year Savings: $17,756
- Payback Period: 8.8 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Roxborough Park
Find out what the average cost of a solar system is in Roxborough Park.
In Roxborough Park, solar panels cost about 2.69 per watt on average. The average Roxborough Park homeowner needs a 5.1-kilowatt system, which would cost about $9,679 with the federal tax credit, or $13,841 before the 30% tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Roxborough Park homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. But, once you've paid the initial cost of installation, the return on investment for most homeowners is typically good, with a net average savings of about $20,000 over 20 years on energy bills.
Click the button below to get connected to a vetted solar company in Roxborough Park for a custom quote.
Solar savings over time in Roxborough Park
| Year | Return on Investment |
|---|---|
| 1 years | $-8,581 |
| 3 years | $-6,387 |
| 5 years | $-4,192 |
| 7 years | $-1,997 |
| 9 years | $198 |
| 11 years | $2,392 |
| 13 years | $4,587 |
| 15 years | $6,782 |
| 17 years | $8,977 |
| 19 years | $11,171 |
| 21 years | $13,366 |
| 23 years | $15,561 |
| 25 years | $17,756 |
Top Solar Installers in Roxborough Park
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Using an installer can make your swap to solar power much easier. Companies can also provide access to quality options of the best solar panels and help you pick which one will be best for your home.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- 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 Roxborough Park
Factors that Affect Solar Panel Costs in Roxborough Park
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few key factors that will push your cost above or below the average in Roxborough Park: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar energy system in Roxborough Park, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can determine by looking at past power bills. Your overall cost can increase by about $2,690 for each additional kilowatt you need. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get 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, more efficient panels could save you more over time on your energy bills. Additionally, extra products, like solar batteries, can bring your total well above the Roxborough Park average.
Solar Financing Terms
Most solar installers in Roxborough Park have solar loans, which reduce the initial cost of installing solar panels. When figuring out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panels can play a role in determining your pricing. Roxborough Park's solar companies all have different labor costs and add varying upcharges to equipment. The company's size sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
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 | $20,246 | 9.2 years |
| 8 kW | $2.74 | $15,365 | $27,296 | 9.0 years |
| 10 kW | $2.69 | $18,830 | $34,496 | 8.8 years |
| 12 kW | $2.64 | $22,144 | $41,848 | 8.7 years |
| 14 kW | $2.58 | $25,308 | $49,350 | 8.5 years |
| 16 kW | $2.53 | $28,320 | $57,002 | 8.3 years |
| 18 kW | $2.47 | $31,182 | $64,805 | 8.1 years |
| 20 kW | $2.42 | $33,894 | $72,759 | 7.9 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- 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: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Although there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before deciding.
- Contract: Before you sign a contract with a solar installer, make sure you look it over fully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- 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 Roxborough Park, CO Solar Cost FAQs
What is the average cost of installing solar panels in Roxborough Park?
The average cost of solar panels in Roxborough Park is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Roxborough Park?
A solar panel system isn't free in Roxborough Park, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can solar panels completely eradicate my power bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Roxborough Park, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Roxborough Park?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them after having them for that long or you can keep using them at a lower efficiency.
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.