Solar Panel Cost Guide in West Pleasant View, CO (2023 Update)
- West Pleasant View Solar Installation Cost: $9,886
- 25-Year Savings: $17,548
- Payback Period: 9.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in West Pleasant View
Find out what the average cost of a solar system is in West Pleasant View.
The average cost of solar panels in West Pleasant View is 2.69 per watt. Using this figure, a typical 5.2-kW system would cost about $9,886 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy use, the type of solar system you choose, your solar contractor and more. Even with the large initial cost, the average West Pleasant View homeowner can save about $20,000 on their electricity bills over 20 years, which is one of the positives of solar.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in West Pleasant View
Year | Return on Investment |
---|---|
1 years | $-8,788 |
3 years | $-6,594 |
5 years | $-4,399 |
7 years | $-2,204 |
9 years | $-9 |
11 years | $2,185 |
13 years | $4,380 |
15 years | $6,575 |
17 years | $8,770 |
19 years | $10,964 |
21 years | $13,159 |
23 years | $15,354 |
25 years | $17,548 |
Top Solar Installers in West Pleasant View
Although it's possible to install solar panels on your own, it requires extra energy and expertise. That's why almost all homeowners choose a solar panel installer. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.
Working with a licensed solar installer can help your solar project go smoothly. Here are our recommendations:
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 West Pleasant View
Factors that Affect Solar Panel Costs in West Pleasant View
Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that determine your overall cost in West Pleasant View: 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 cost of a solar system in West Pleasant View, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can gauge by looking at past power bills. Your total cost can increase by about $2,690 for each additional kilowatt you need. The brand of solar panels and equipment you get is another factor that will substantially impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Moreover, solar equipment consists of more than just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that's in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in West Pleasant View to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in paying more over time due to interest. However, the interest on solar loans also increases your overall costs, so it's important to keep that in mind as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you hire to install your solar panel system can influence your pricing. West Pleasant View's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and go with the company that has the products, warranties and services you're looking for and also is within your budget.
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 | $19,613 | 9.4 years |
8 kW | $2.74 | $15,365 | $26,452 | 9.2 years |
10 kW | $2.69 | $18,830 | $33,442 | 9.0 years |
12 kW | $2.64 | $22,144 | $40,582 | 8.8 years |
14 kW | $2.58 | $25,308 | $47,873 | 8.6 years |
16 kW | $2.53 | $28,320 | $55,314 | 8.5 years |
18 kW | $2.47 | $31,182 | $62,907 | 8.3 years |
20 kW | $2.42 | $33,894 | $70,649 | 8.1 years |
How to Save on Solar Panels
The solar installer you opt for will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can check your installer's reputation is by reading reviews.
- Contract: Before you sign a contract with a solar installer, make sure you look it over completely so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
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 West Pleasant View, CO Solar Cost FAQs
How much does it cost to install solar panels in West Pleasant View?
This is a tough question to answer exactly, because the cost depends on many factors. Generally 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 be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in West Pleasant View?
You can't get solar panels for free in West Pleasant View. However, you may still be able to afford 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.
How much can I save on energy bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout West Pleasant View, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in West Pleasant View?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of 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.