Solar Panel Cost in Colorado Springs, CO
Estimated costs and savings for ZIP code 80903 — updated for 2026
Urgent tax credit deadlines
- Section 48E phase-out completes December 31, 2027 — projects must be placed in service by then (469 days left).
Gross Cost
$19,600
7kW system
Annual Savings
$1,614
$135/month
Payback Period
12.1 yrs
Break-even
Peak Sun Hours
4.6
hrs/day avg
Solar System Cost Breakdown — Colorado Springs, CO
Estimated costs and savings for different residential solar system sizes in ZIP 80903. Costs based on CO average of $2.80/W and utility rate of $0.16/kWh.
| System | Cost | Savings/yr | Payback |
|---|---|---|---|
| 4 kW | $11,200 | $923 | 12.1 yrs |
| 5 kW | $14,000 | $1,153 | 12.1 yrs |
| 6 kW | $16,800 | $1,384 | 12.1 yrs |
| 7 kW(typical) | $19,600 | $1,614 | 12.1 yrs |
| 8 kW | $22,400 | $1,845 | 12.1 yrs |
| 10 kW | $28,000 | $2,306 | 12.1 yrs |
Solar Production in Colorado Springs, Colorado
Average Peak Sun Hours
4.6 hours/day
Good solar resource — solid investment
Est. Annual Production (7kW)
9,990 kWh
Based on 4.6 PSH × 7kW × 365 days × 85% efficiency
Average Utility Rate
$0.16/kWh
Above-average rates — good solar savings potential
Cost Per Watt in CO
$2.80/W
Below national average — competitive market
Solar Panel FAQ — Colorado Springs, CO
How much do solar panels cost in Colorado Springs, CO?
A typical 7kW solar system in Colorado Springs, CO (ZIP 80903) costs approximately $19,600 before any incentives. This works out to about $2.80 per watt installed. Smaller systems start around $11,200, while larger 10kW systems can cost up to $28,000.
How long is the solar payback period in Colorado Springs?
The average solar payback period in Colorado Springs, CO is approximately 12.1 years for a 7kW system. With estimated annual savings of $1,614, the system pays for itself and then generates free electricity for the remaining 15-20+ years of its lifespan.
How much can I save with solar panels in 80903?
Homeowners in Colorado Springs, CO (ZIP 80903) can save approximately $135 per month or $1,614 per year with a standard 7kW solar system. Over 25 years, total savings can exceed $40,350, depending on utility rate increases.
How many peak sun hours does Colorado Springs get?
Colorado Springs, CO receives an average of 4.6 peak sun hours per day. This is near the national average, making solar a solid investment in this area.
What size solar system do I need for my home in Colorado Springs?
The average home in Colorado Springs, CO needs a 7kW solar system to offset their electricity usage. The exact size depends on your monthly electric bill, roof orientation, and available space. A 7kW system would produce approximately 9,990 kWh annually in ZIP 80903.
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