Solar Panel Cost Guide in Eaton, CO (2024 Update)
- Eaton Solar Installation Cost: $14,608
- 25-Year Savings: $16,892
- Payback Period: 13.6 Years
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Average Cost of Solar Panels in Eaton
Let’s take a look at the average cost of solar panels in Eaton.
The average cost of a solar system in Eaton is 4 per watt.Using this figure, a typical 5.2-kW system would cost about $14,608 before the 0 federal solar tax credit is applied.
Remember 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 equipment you choose, your solar contractor and more.For many homeowners, the upfront investment in solar power is worth paying. On average Eaton homeowners see about $19,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Eaton for a quote for your home.
Solar savings over time in Eaton
| Year | Return on Investment |
|---|---|
| 1 years | $-13,640 |
| 3 years | $-11,704 |
| 5 years | $-9,768 |
| 7 years | $-7,831 |
| 9 years | $-5,895 |
| 11 years | $-3,959 |
| 13 years | $-2,023 |
| 15 years | $-87 |
| 17 years | $1,850 |
| 19 years | $3,786 |
| 21 years | $5,722 |
| 23 years | $7,658 |
| 25 years | $9,595 |
Top Solar Installers in Eaton
Many homeowners opt for a solar panel company since figuring out how to install solar panels on your own can be a labor-intensive endeavor. Companies can also have access to quality options of the best solar panels and help you decide which one will be right for your family.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in Eaton:
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Eaton
Factors that Affect Solar Panel Costs in Eaton
The cost of installing a solar system in Eaton can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,980. The type of solar panels and equipment you get is another factor that will considerably affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about 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 falls within your budget.
Solar Financing Terms
Most solar companies in Eaton offer solar loans, which reduce the initial cost of installing a solar system.However, the interest on solar loans also adds to your all-in costs, so it’s important to take that into consideration 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
A final factor to consider when trying to estimate the cost of solar for your home or business in Eaton is the company you hire to install your solar panel system. As with choosing a company to build a deck or pool, for example, there are plenty of solar installers that provide a range of services for different budgets.Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $13,242 | 14.2 years |
| 8 kW | $4.06 | $22,734 | $18,102 | 13.9 years |
| 10 kW | $3.98 | $27,860 | $23,185 | 13.6 years |
| 12 kW | $3.90 | $32,763 | $28,491 | 13.4 years |
| 14 kW | $3.82 | $37,444 | $34,019 | 13.1 years |
| 16 kW | $3.74 | $41,901 | $39,771 | 12.8 years |
| 18 kW | $3.66 | $46,136 | $45,745 | 12.6 years |
| 20 kW | $3.58 | $50,148 | $51,942 | 12.3 years |
How to Save on Solar Panels
There are many companies available in Eaton, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Before signing a contract with a solar company, be sure to look it over completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
- Solar Panel Brands: The type of solar panel you’d like to install plays a role in which company you should opt for, since different companies have different panels.
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Eaton, CO Solar Cost FAQs
What is the average cost of installing solar panels in Eaton?
The average cost of solar panels in Eaton is about $19,900 for a 5-kW system and $39,800 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Eaton?
Solar panels aren’t free in Eaton, 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 can help lower the cost.
Is it worth going solar in Eaton?
Solar panels can be a fruitful investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.