Solar Panel Cost Guide in Broomfield, CO (2025 Update)
- Broomfield Solar Installation Cost: $14,586
- 25-Year Savings: $16,455
- Payback Period: 13.9 Years
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Average Cost of Solar Panels in Broomfield
We break down average solar pricing in Broomfield.
The average cost of solar panels in Broomfield is 4 per watt.Since a 5.2-kW system is needed to cover the energy consumption of a typical home in Broomfield, the average price of going solar will be about $14,586 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy use, the type of equipment you choose, your solar contractor and more.Many homeowners find installing a solar system is a rewarding investment. The average homeowner in Broomfield can save around $19,000 on their electricity bills over 20 years.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Broomfield
| Year | Return on Investment |
|---|---|
| 1 years | $-13,618 |
| 3 years | $-11,681 |
| 5 years | $-9,745 |
| 7 years | $-7,809 |
| 9 years | $-5,873 |
| 11 years | $-3,937 |
| 13 years | $-2,000 |
| 15 years | $-64 |
| 17 years | $1,872 |
| 19 years | $3,808 |
| 21 years | $5,745 |
| 23 years | $7,681 |
| 25 years | $9,617 |
Top Solar Installers in Broomfield
When going solar, many homeowners opt to use a solar company since installing solar panels yourself can be a time-consuming project. The payback period on a solar system will vary depending on factors like your roof configuration and energy usage, but going with a solar installer can shorten that period. Your provider will be able to help you get the most out of incentives available in your area.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Broomfield
Factors that Affect Solar Panel Costs in Broomfield
There are several factors that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the cost of a solar system in Broomfield, one of the most crucial 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 usage, which you can gauge by looking at past electricity bills. Your total cost can increase by about $3,980 for each additional kilowatt you need.The kind of solar equipment you choose can bring your price up or down 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. On the other hand, more efficient panels could save you more over time on your energy bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Broomfield average.
Solar Financing Terms
Many homeowners find the average cost of solar in Broomfield to be too expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to higher prices over time because of interest.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installer you hire to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar installation companies operating throughout Broomfield, and each can charge varying amounts for labor and equipment.The size of the company can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have 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 | $4.14 | $17,385 | $12,771 | 14.4 years |
| 8 kW | $4.06 | $22,734 | $17,474 | 14.1 years |
| 10 kW | $3.98 | $27,860 | $22,400 | 13.9 years |
| 12 kW | $3.90 | $32,763 | $27,549 | 13.6 years |
| 14 kW | $3.82 | $37,444 | $32,920 | 13.3 years |
| 16 kW | $3.74 | $41,901 | $38,515 | 13.0 years |
| 18 kW | $3.66 | $46,136 | $44,332 | 12.7 years |
| 20 kW | $3.58 | $50,148 | $50,372 | 12.5 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose considerably influences your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Look through the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely offer good-quality solar panel installation and expertise.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
EcoWatch's Broomfield, CO Solar Cost FAQs
What is the average cost of installing solar panels in Broomfield?
The average cost of solar panels in Broomfield is about $19,900 for a 5-kW system and $39,800 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Broomfield?
Solar panels aren’t free in Broomfield, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is it worth going solar in Broomfield?
Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
How long do solar panels last in Broomfield?
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 how much energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can continue to use 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.