Solar Panels in Colorado: Cost, Savings & Payback (2026)
Enter your own bill below — the state's 2026 electricity rate, sun hours and installed cost are already filled in.
Typical $150/mo household in Colorado
System size
6.7 kW
estimated
Installed cost
$18,747
at $2.80/W
Year-one savings
$1,800
at 16.7¢/kWh
Payback
10.4 yrs
$46,880 net over 25 yrs
Solar in Colorado: the three numbers that decide it
Sun hours. Colorado averages 5.5 peak sun hours a day (NREL), rank 9 of 51. After typical system losses that is about 1,606 kWh per installed kilowatt per year.
Electricity price. Residential power costs about 16.7¢/kWh (EIA, 2026), rank 23 of 51 — the higher the rate, the more each solar kilowatt-hour is worth.
Installed cost. Around $2.80 per watt before incentives (EnergySage marketplace data, 2026). With no federal credit for 2026 installs, this is the price you actually pay for an owned system.
Put together, a household with a $150 monthly bill would size a ~6.7 kW array, pay about $18,747, save roughly $1,800 in the first year and reach payback in about 10.4 yrs. Use the calculator above with your own bill.
States with similar sun hours
| State | Sun h/day | Rate | $/W | Payback @ $150/mo |
|---|---|---|---|---|
| Colorado | 5.5 | 16.7¢/kWh | $2.80 | 10.4 yrs |
| Florida | 5.6 | 14.9¢/kWh | $2.60 | 10.7 yrs |
| Hawaii | 5.4 | 42.2¢/kWh | $3.10 | 4.7 yrs |
| Oklahoma | 5.6 | 13.6¢/kWh | $2.60 | 11.7 yrs |
| Kansas | 5.3 | 15.3¢/kWh | $2.70 | 11.3 yrs |
State figures are 2026 averages verified 2026-09-02 (EIA / NREL / EnergySage). Your utility rate, roof and installer quote will differ — see thefull state table and the main calculator.
States with similar sun hours
Related guides
Frequently asked questions
How much do solar panels cost in Colorado?
Is solar worth it in Colorado?
Is there a federal solar tax credit in Colorado for 2026?
How many sun hours does Colorado get?
Why does the electricity rate matter?
Last reviewed: September 2026. Figures and formulas are checked against their published sources; see the site's data notes.