Using Your Brain Helps With Solar Panel Pricing Savings In Colorado

It's interesting to think.  How does that even work?  Also, it’s interesting to think regarding the savings you can get by changing to clean solar energy, but when it’s time to install solar panels on your roof consider this, how much does it cost to go solar? Let’s catch a glance at the average cost of solar in Colorado and what that suggests for different sized residential solar systems.

Cost of Solar Panel Systems

The scale of the solar panel system is the most profoundly weighted factor in determining the cost. This size is based on your power usage and estimated in kilowatts (kW). An appropriately sized system will maximize your savings and return on investment (ROI). According to an investigation by the National Renewable Energy Laboratory (NREL), the 2017 benchmark cost for an average home solar system would be $12,848 after the current 30% federal tax credit. However, this figure is founded on nation-wide data.

In 2018, Colorado solar pricing is today, averaging almost $3.30 per watt before the 30% federal tax credit. That suggests:

• A 4 kW solar system would fetch about $13,200, resulting in an expense of $9,240 after the 30% federal tax credit.

• A 6 kW solar system would fetch about $19,800, or $13,860 behind the 30% federal tax credit.

• An 8 kW solar system would fetch about $26,400, or $18,480 behind the 30% federal tax credit.

Don’t trouble if your home uses a lot of power because larger solar electric systems often have a lower expense per watt; that’s because the same fixed costs are connected with all solar electric projects, notwithstanding of system size.

Each Solar Home

Each home is novel, so your actual total cost could be higher or lower than average based on factors like your power usage, system size, local conditions or solar incentives, available roof space and roof pitch, the direction your roof sides, length of conduit runs, rack type, panel option, financing options, aesthetic choices, and more. The only plan to find out what solar would fetch for your home is to get a designer quote from a local solar installer who will value for all of these circumstances.

Online Calculators, Nope. 

Most online solar calculators are based on “average” houses and can’t accurately estimate the cost and overall savings potential of solar for your specific house. We’ve reviewed many of them and found that they don’t provide accurate information, and in many circumstances are way off. Reach out to a local solar provider for a customized quote, like HahaSmart. It’s free, and it’ll provide you with the most detailed information.

Want to save and be guided by experts who do the research and know the answers? Go to HahaSmart.com and try our price checker tool. How much solar power you need and how much you can save on your energy bills each month.

Please visit our solar blog to find out more about how the savings on solar panels keep on coming.