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Colorado Springs Solar Panels: 2022 Cost and Local Incentives

Written by Michelle Honeyager/

Edited by Hannah Whatley

Last updated 11/18/2022

Get an estimate of solar cost and savings at your home.

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Colorado Springs solar power FAQs

  • Installation costs and how big the array ends up being are the two most direct cost factors. The average cost in the state of Colorado for a solar array sits at $4.08 per watt. A standard 6.8 kW panel would then cost about $27,744 as an average price in Colorado. Be sure to shop around with local installers to find the best price in the Colorado Springs area.  

  • Solar power does tend to be popular because it can lead to long-term savings. You could save about $6,000 over 20 years based on Colorado’s current average electric rate, the 30% tax credit, and average estimates for solar panels in the state. You can stand to save even more as energy prices tend to rise each year. 

  • The easiest way to find the best solar panel installer for you is to go through SaveOnEnergy. We partner with quality solar installers in the Colorado Springs area and help those installers connect with homeowners. The installer can then cover financing options with you and help you learn which system is best for your home.    

  • To cut back your carbon footprint, installing solar is one of the most direct ways to do so. Solar power does not directly emit carbon dioxide, so it has that feature over oil or coal. Solar power is literally generated from the rays of the sun, so it’s considered a very renewable energy source. Learn even more about solar and how it helps our environment through our solar energy rundown  and solar renewability answer guide resources pages.

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