Solar Panel Cost Guide in The Pinery, CO (2024 Update)
- The Pinery Solar Installation Cost: $14,333
- 25-Year Savings: $17,747
- Payback Period: 13.1 Years
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Average Cost of Solar Panels in The Pinery
Find out what the average cost of solar panels are in The Pinery.
The national average cost of solar panels is $2.66 per watt, but in The Pinery it’s 4 per watt.The average The Pinery homeowner needs a 5.1-kilowatt system, which would cost about $14,333 with the federal tax credit, or $20,496 before the 0 tax credit is applied.
The true price you pay can go above or below the average in The Pinery based on a few factors, such as the type of solar panels you choose and the solar contractor you hire.For most homeowners, the upfront cost of solar power is worth paying. On average The Pinery homeowners see about $20,000 in savings on utility bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in The Pinery
| Year | Return on Investment |
|---|---|
| 1 years | $-13,365 |
| 3 years | $-11,428 |
| 5 years | $-9,492 |
| 7 years | $-7,556 |
| 9 years | $-5,620 |
| 11 years | $-3,684 |
| 13 years | $-1,747 |
| 15 years | $189 |
| 17 years | $2,125 |
| 19 years | $4,061 |
| 21 years | $5,998 |
| 23 years | $7,934 |
| 25 years | $9,870 |
Top Solar Installers in The Pinery
Trying to put up solar panels on your own can be a dangerous task, which is why getting a solar installer is a good option for many homeowners. The expertise that solar companies offer can be valuable as well, particularly if you aren’t sure what brand of solar equipment would be right for your home.
If you're searching for a solar company in The Pinery, we've put together a list of our top suggestions here:
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 The Pinery
Factors that Affect Solar Panel Costs in The Pinery
Though the average cost of a solar system in The Pinery is $14,333, your actual cost may differ. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production use 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.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like The Pinery, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of 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
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are provided by most installers in The Pinery, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also adds to your overall costs, so it’s important to keep that in mind 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
Finally, the company you opt for to install your solar panels can affect your pricing. The Pinery’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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 | $14,611 | 13.6 years |
| 8 kW | $4.06 | $22,734 | $19,927 | 13.3 years |
| 10 kW | $3.98 | $27,860 | $25,466 | 13.1 years |
| 12 kW | $3.90 | $32,763 | $31,228 | 12.8 years |
| 14 kW | $3.82 | $37,444 | $37,213 | 12.5 years |
| 16 kW | $3.74 | $41,901 | $43,421 | 12.3 years |
| 18 kW | $3.66 | $46,136 | $49,851 | 12.0 years |
| 20 kW | $3.58 | $50,148 | $56,505 | 11.8 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years likely offer 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: A comprehensive, 25-year warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
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 The Pinery, CO Solar Cost FAQs
How much does it cost to install solar panels in The Pinery?
This is a difficult question to answer exactly, because the cost depends on a variety of 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. It will be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in The Pinery?
A solar panel system isn’t free in The Pinery, 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 further reduce the cost.
Is going solar worth it?
Solar panels can be a beneficial investment for lots of 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 reasonably low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house 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.