Solar Panel Cost Guide in Superior, CO (2025 Update)
- Superior Solar Installation Cost: $14,677
- 25-Year Savings: $15,552
- Payback Period: 14.4 Years
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Average Cost of Solar Panels in Superior
Find out how much it might cost to go solar in Superior.
The national average cost of solar panels is $2.66 per watt, but in Superior it’s 4 per watt.The average Superior homeowner needs a 5.3-kilowatt system, which would cost about $14,677 with the federal tax credit, or $20,988 before the 0 tax credit is applied.
These figures are only estimates, and your own solar costs will most likely differ based on factors unique to your home and what company you want to go with.For most homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $18,000 in savings on utility bills over 20 years.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Superior
| Year | Return on Investment |
|---|---|
| 1 years | $-13,708 |
| 3 years | $-11,772 |
| 5 years | $-9,836 |
| 7 years | $-7,900 |
| 9 years | $-5,964 |
| 11 years | $-4,027 |
| 13 years | $-2,091 |
| 15 years | $-155 |
| 17 years | $1,781 |
| 19 years | $3,718 |
| 21 years | $5,654 |
| 23 years | $7,590 |
| 25 years | $9,526 |
Top Solar Installers in Superior
Although you can install solar panels by yourself, it takes extra effort and knowledge. That's why the majority of homeowners choose to go with a solar panel installer. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.
Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:
See all of the solar companies in Superior
Factors that Affect Solar Panel Costs in Superior
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few primary factors that will push your cost above or below the average in Superior: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That’s why it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Superior, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Superior have solar loans, which reduce the initial cost of installing solar.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar company you select will affect your total cost to go solar. Different companies will charge different amounts for the equipment and labor.The company’s size sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to more resources and better 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 lower 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 | $11,627 | 15.0 years |
| 8 kW | $4.06 | $22,734 | $15,948 | 14.7 years |
| 10 kW | $3.98 | $27,860 | $20,492 | 14.4 years |
| 12 kW | $3.90 | $32,763 | $25,259 | 14.1 years |
| 14 kW | $3.82 | $37,444 | $30,249 | 13.8 years |
| 16 kW | $3.74 | $41,901 | $35,462 | 13.5 years |
| 18 kW | $3.66 | $46,136 | $40,898 | 13.3 years |
| 20 kW | $3.58 | $50,148 | $46,556 | 13.0 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a tough decision, we have some tips to help you, such as:
- Contract: When looking over your solar installer’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Warranty: If you care about the durability of your solar panel system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: The model of solar panel you want to install plays a part in which installer you should choose, since different companies have access to different panels.
EcoWatch's Superior, CO Solar Cost FAQs
What is the average cost of installing solar panels in Superior?
This is a difficult question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $19,900 for a 5-kW system and $39,800 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Superior?
Leasing solar panels can be an attractive choice, as it usually comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
How will solar panels impact my property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Superior is currently $842,285, so you can look forward to a value of about $34,534 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Superior is a fruitful investment.
How often do you have to replace solar panels?
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 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.