
300+ Sunny Days a Year — Solar is a No-Brainer
$1,200/yr
Avg. Annual Savings
5.5 peak hrs/day
Peak Sun Hours
7–10 years
Payback Period
$13,000–$21,000
Avg. System Cost
Overview
With more than 300 days of sunshine a year, Colorado also offers homeowners a prime way to go solar. Colorado's high altitude means more intense sunlight than many other states, and the combination of Xcel Energy rebates, net metering, and the federal tax credit makes solar a compelling investment for Front Range homeowners.
Colorado has been a leader in renewable energy policy, and the state continues to expand its solar incentive programs.
Benefits
Colorado homeowners save an average of $1,200/yr after going solar.
Deduct 30% of your total system cost from your federal income taxes.
Solar panels increase your home's resale value — and are excluded from property tax in most states.
Lock in your electricity rate and protect against rising utility costs for 25+ years.
Available Incentives
Xcel Energy customers can earn ongoing payments for excess solar energy through the Solar*Rewards program, providing income in addition to bill savings.
Colorado law requires utilities to offer net metering. Excess solar energy is credited at the retail rate.
Colorado exempts the added value of residential solar installations from property tax assessments.
The federal 30% ITC applies to all Colorado homeowners who purchase their solar system.
Common Questions
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