What is the average upfront investment in rooftop solar and how long does it typically take to recoup that investment?

According to EnergySage: “Colorado’s average cost of a solar panel installation ranges from $13,302 to $17,998. On a cost per watt ($/W) basis, you can expect a solar panel installation in Colorado to range in price from $2.66 to $3.60” 

Depending on a variety of factors (system size, financing, incentives) roof top solar systems typically pay back in 8 years. Solar panels have an average expected lifetime of 25 years.  

Show All Answers

1. What is the difference between onsite renewable energy programs and subscription programs?
2. How to I select the best solar panel contractor?
3. How can I find out the solar potential of my home?
4. Do solar panels increase home value?
5. What is the average upfront investment in rooftop solar and how long does it typically take to recoup that investment?