Is Solar Worth It in Colorado Springs, CO? (2026 Analysis)

Detailed solar ROI analysis for Colorado Springs, Colorado. With 5.6 peak sun hours and electricity at $0.12/kWh, here is what you can expect from going solar.

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$28,642 20-Year Savings
5 yrs Break-Even Timeline
$8,150 Net Cost After Incentives
5.6 hrs Peak Sun Hours/Day
$0.12/kWh Electricity Rate (increasing)
478,961 Population

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20-Year Solar Savings Projection for Colorado Springs

This projection is based on a 7.5 kW system with 5.6 peak sun hours and $0.12/kWh electricity rate.

PeriodCumulative SavingsNet PositionStatus
Year 1$1,840$-6,310Paying off
Year 2$3,680$-4,470Paying off
Year 3$5,520$-2,630Paying off
Year 4$7,360$-790Paying off
Year 5$9,200$1,050Profitable
Year 7$12,880$4,730Profitable
Year 9$16,560$8,410Profitable
Year 11$20,240$12,090Profitable
Year 16$29,440$21,290Profitable
Year 20$36,800$28,650Profitable

Estimates assume stable electricity rates. Actual savings may increase as rates rise.

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$0 down options available. Own your system and claim the 30% federal tax credit. Save up to $1,840/year.

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Solar Investment Breakdown for Colorado Springs

Gross System Cost 14500
Federal Tax Credit (30%) 4350
State Incentives 2000
Net Cost 8150
Annual Savings 1840

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Local Solar Incentives in Colorado Springs

Local Programs: Federal ITC plus applicable state and local incentives

Electricity Trend: Rates in Colorado Springs are currently increasing. Solar locks in your energy costs and provides a hedge against future rate increases.

State Incentives: Colorado offers a $2,000 rebate, net metering (full). See all Colorado incentives.

Financing Options for Colorado Springs Homeowners

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CashBest ROI. Own immediately.
LoanOwn system + tax credits.
Lease/PPA$0 down. Lower savings.

Best Solar Providers in Colorado Springs

ProviderTypeHighlightRatingAction
EnergySageMarketplaceCompare Colorado Springs installers4.8/5Get Quotes
SunrunInstaller$0 down solar in CO4.5/5View Plans
SunPowerPremiumHighest efficiency panels4.6/5Get Quote

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Frequently Asked Questions

Yes. With 5.6 average peak sun hours per day and electricity rates at $0.12/kWh (increasing trend), solar is a strong investment in Colorado Springs. The estimated 20-year savings is $28,642 with a break-even period of approximately 5 years.
The average solar installation in the Colorado Springs area costs approximately $14,500 for a 7.5 kW system before incentives. After the 30% federal tax credit and state incentives, the net cost drops to approximately $8,150.
Federal ITC plus applicable state and local incentives The 30% federal Investment Tax Credit (ITC) is available to all Colorado Springs homeowners. Check your specific state and utility for additional programs.
A typical home in Colorado Springs uses a 7.5 kW system (approximately 19 panels). This produces roughly 15,330 kWh per year based on 5.6 peak sun hours per day.
Electricity rates in Colorado Springs are currently increasing. The current average rate is $0.12/kWh. Solar locks in your energy costs and protects against future rate increases.

SolarSavingsAI Research Team

Solar Energy Analysts

Our team analyzes solar incentive data from federal (DOE, IRS), state (DSIRE), and utility sources to provide accurate savings estimates. Data is reviewed quarterly and cross-referenced with NREL benchmarks.

Sources: DOE, IRS, DSIRE, NREL, EIA Updated: 2026 Full Methodology Editorial Standards

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