Solar Panel Cost Guide in Shaw Heights, CO (2025 Update)
- Shaw Heights Solar Installation Cost: $14,371
- 25-Year Savings: $15,759
- Payback Period: 14.1 Years
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Average Cost of Solar Panels in Shaw Heights
See how much it might cost to install solar panels in Shaw Heights.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Shaw Heights, the typical cost of solar panels is 4 per watt.The average Shaw Heights homeowner needs a 5.2-kilowatt system, which would cost about $14,371 with the federal tax credit, or $20,551 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy needs, the type of solar system you want to get, your solar contractor and more.With typical savings of about $19,000 on electricity bills over 20 years, many homeowners in Shaw Heights find installing solar panels has a decent ROI.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Shaw Heights
| Year | Return on Investment |
|---|---|
| 1 years | $-13,403 |
| 3 years | $-11,466 |
| 5 years | $-9,530 |
| 7 years | $-7,594 |
| 9 years | $-5,658 |
| 11 years | $-3,722 |
| 13 years | $-1,785 |
| 15 years | $151 |
| 17 years | $2,087 |
| 19 years | $4,023 |
| 21 years | $5,960 |
| 23 years | $7,896 |
| 25 years | $9,832 |
Top Solar Installers in Shaw Heights
Although you can install solar panels by yourself, it takes extra energy and knowledge. For that reason, most homeowners choose a solar panel installer. Also, if you’d like to maximize your investment in solar, using a solar installer can help with that as well. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives and net metering programs.
Working with a vetted solar company 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
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 Shaw Heights
Factors that Affect Solar Panel Costs in Shaw Heights
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost in Shaw Heights: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,980.There are several different solar panel brands and the one you choose also changes the cost. In general, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Shaw Heights homeowners decide to finance their solar panel systems to offset upfront costs.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar panel installation company you select will play a role in your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor.The company’s size sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 | $12,244 | 14.7 years |
| 8 kW | $4.06 | $22,734 | $16,771 | 14.4 years |
| 10 kW | $3.98 | $27,860 | $21,521 | 14.1 years |
| 12 kW | $3.90 | $32,763 | $26,494 | 13.8 years |
| 14 kW | $3.82 | $37,444 | $31,689 | 13.5 years |
| 16 kW | $3.74 | $41,901 | $37,108 | 13.3 years |
| 18 kW | $3.66 | $46,136 | $42,750 | 13.0 years |
| 20 kW | $3.58 | $50,148 | $48,614 | 12.7 years |
How to Save on Solar Panels
There are numerous companies to choose from in Shaw Heights, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can verify your installer’s reputation is by reading reviews.
- Installation Process: Make sure you’re aligned with the installer with regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating or replacing your electrical system or roof.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: When reading over your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
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 Shaw Heights, CO Solar Cost FAQs
What is the average cost of installing solar panels in Shaw Heights?
This is a hard question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $19,900 for a 5-kW system and $39,800 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them once you've had 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.