Solar Panel Cost Guide in Todd Creek, CO (Jan 2023)

  • Todd Creek Solar Installation Cost: $9,716
  • 25-Year Savings: $17,453
  • Payback Period: 8.9 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Todd Creek

Find out how much it might cost to make the switch to solar in Todd Creek.

The national average cost of solar panels is $2.66 per watt, but in Todd Creek it's $3 per watt. To account for the typical energy needs of the average home in Todd Creek, most homeowners require a 5.2-kilowatt system. Using the per-watt figure above, a solar installation costs about $9,716, or $7,190 after the federal solar tax credit of 30% is applied.

These figures are just estimates, and the cost of going solar for you will most likely vary based on the amount of energy your home requires and what company you choose to go with. With average savings of about $20,000 on energy bills over 20 years, many homeowners in Todd Creek find going solar has a decent ROI.

Click the button below to get connected to a highly rated solar company in your area for a custom quote.

Solar savings over time in Todd Creek

Year Return on Investment
1 years $-8,630
3 years $-6,456
5 years $-4,282
7 years $-2,109
9 years $65
11 years $2,238
13 years $4,412
15 years $6,585
17 years $8,759
19 years $10,932
21 years $13,106
23 years $15,279
25 years $17,453

Top Solar Installers in Todd Creek

When going solar, many homeowners choose to hire a solar installer since putting up a solar system yourself can be a time-consuming project. A solar company can also help save you money over time by providing warranties, repairs and part replacements.

There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

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 Todd Creek

Factors that Affect Solar Panel Costs in Todd Creek

There are several criteria that can play into your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.

Solar Equipment

The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,690. The kind of solar equipment you choose can increase or decrease your cost 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. However, more efficient panels could save you more over time on your electric bills. Additionally, extra products, such as solar batteries, can bring your total well above the Todd Creek average.

Solar Financing Terms

Most solar installers in Todd Creek provide solar loans, which reduce your upfront costs 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 lower the total interest paid over time.

Solar Panel Installation Company

Finally, the company you opt for to install your solar system can affect the cost. Todd Creek's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount 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 $19,853 9.3 years
8 kW $2.74 $15,365 $26,772 9.1 years
10 kW $2.69 $18,830 $33,842 8.9 years
12 kW $2.64 $22,144 $41,062 8.8 years
14 kW $2.58 $25,308 $48,433 8.6 years
16 kW $2.53 $28,320 $55,954 8.4 years
18 kW $2.47 $31,182 $63,627 8.2 years
20 kW $2.42 $33,894 $71,449 8.0 years

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: The kind of solar panel you want to install plays a part in which installer you should choose, since different companies provide different panels.
  • Warranty: If you care about the longevity of your solar panels, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
  • Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely provide high-quality solar panel installation and expertise.
  • Contract: Review the contract terms carefully to make sure you understand the overall cost, completion timeline incentives and warranties.

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 Todd Creek, CO Solar Cost FAQs

How much does it cost to install solar panels in Todd Creek?

This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.

What other factors should I consider other than cost when buying solar panels?

Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.

Is going solar worth it?

Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.

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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