Solar Panel Cost & Installation Data in Colorado
Observed Records
108,882
Reported Capacity
1,101 MW
Observed Avg Cost
$4.37/W
Median: $4.35/W
Dataset Rank
#7
97% residential
14.92¢
Residential Rate (EIA 2024)
5.5h
Peak Sun Hours/Day
17 yrs
Est. Payback Period
$2,602
Est. Annual Savings
Environmental & Community Impact
- CO₂ Offset/Year
- 1,230,752 tons
- CO₂ Offset/System/Year
- 11.5 tons
- Installations per 10K Residents
- 188.7
- State Population
- 5,770,790
- Est. Annual Production/System
- 17,437 kWh
Estimates use average system size, a 5.5h/day state solar-resource proxy and a 14% system-loss assumption. Payback excludes financing and incentives. Context sources: NREL, EIA and EPA eGRID (0.709 metric tons CO₂/MWh).
System Overview
- Avg System Size
- 10.1 kW
- Battery Adoption
- 2.4%
- Third-Party Owned
- 29.3%
Cost Trend ($/W)
Avg Cost per Watt
Installation Growth (Last 5 Years)
7.5K7,4852019
8.7K8,6802020
10.3K10,2592021
11.9K11,9132022
19.1K19,0972023
Installer Names in the Source Records
| Installer | Observed Records |
|---|---|
| redacted | 108,882 |
Panel Brands in the Source Records
| Brand | Observed Records |
|---|---|
| Alps Technology | 84,880 |
| -1 | 11,354 |
| Hanwha Qcells | 3,002 |
| REC Solar | 2,780 |
| Silfab | 1,394 |
| Vietnam Sunergy Joint Stock Company | 1,190 |
| SunPower | 1,002 |
| Trina Solar | 699 |
| United Renewable Energy Co., Ltd. | 326 |
| Bluesun Solar Co.,Ltd | 325 |
County Records - Colorado
| County | Observed Records | Reported Capacity |
|---|---|---|
| Jefferson | 21,216 | 176.3 MW |
| Arapahoe | 17,895 | 136 MW |
| Denver | 15,493 | 158.5 MW |
| Boulder | 13,749 | 134 MW |
| Adams | 10,191 | 135.1 MW |
| Weld | 6,206 | 87.5 MW |
| Douglas | 5,007 | 40.7 MW |
| Mesa | 4,450 | 41.8 MW |
| Larimer | 1,828 | 15.4 MW |
| Garfield | 971 | 17.4 MW |
| Summit | 897 | 8.9 MW |
| Chaffee | 374 | 5.5 MW |
| Alamosa | 257 | 22.3 MW |
| Logan | 137 | 15.6 MW |
| Rio Grande | 135 | 3.7 MW |
Colorado Solar Incentives
State-program snapshot
Is Solar Worth It in Colorado?
Modeled homeowner analysis
Primary dataset: LBNL Tracking the Sun 2024 release. Counts represent records in the source release, not a complete statewide census.