The cost of solar panels in Byers, CO

Updated Oct 26, 2023

  • You'll pay an average of $15,973 to install a 5 kilowatt solar panel system in Byers, CO, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

  • With EnergySage's competitive marketplace, you can expect to see prices up to 20% lower than if you work with a single company.

Don't overpay for solar

Compare multiple offers and save up to 20%

Please enter a five-digit zip code.

Written by: Emily Walker

As of December 2023, the average solar panel system costs $3.19/W including installation in Byers, CO. For a 5 kW installation, this comes out to about $15,973 before incentives, though prices range from $13,577 to $18,369. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in Byers, CO

Good Price
$13,577 or less
Market Average
$15,973
High Price
$18,369 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Byers, CO state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $15,973 in Byers, CO, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in Byers, CO

System Size
System Cost
System Cost (after ITC)
3 kW$9,584$6,709
4 kW$12,778$8,945
5 kW$15,973$11,181
6 kW$19,167$13,417
7 kW$22,362$15,653
8 kW$25,556$17,889
9 kW$28,751$20,126
10 kW$31,945$22,362

Are solar panels worth it in Byers, CO?

Solar panels are worth it in most areas, including Byers, CO. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $23,671 over 20 years on electricity costs with a 5 kW system in Byers, CO. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

Payback Period
10.72 Years
20-Year Savings
$23,671
Cost-per-Watt
$3.19

If you can't shell out $15,973 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

Find out what solar panels cost in your area in 2023
Please enter a five-digit zip code.
  • 100% free to use, 100% online
  • Access the lowest prices from installers near you
  • Unbiased Energy Advisors ready to help

The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in CO, here are some popular suggestions:

  • Photon Brothers
    Westminster, CO
    Established 2013
    Elite Installer
    Take control of your energy bill by installing solar and home batteries. Photon Brothers is committed to the high...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    55 Reviews

    Take control of your energy bill by installing solar and home batteries. Photon Brothers is committed to the high...
  • Solar Side Up
    Denver, CO
    Established 2011
    Elite Installer
    Your trusted Colorado Front Range solar provider since 2011.

    Check our solar installs in you
    Elite Installer
    Screened & Verified
    5.0 /5.0
    47 Reviews

    Your trusted Colorado Front Range solar provider since 2011.

    Check our solar installs in you
  • Solar Wave
    Denver, CO
    Established 2018
    Elite Installer
    Solar Wave was founded with the goal of making solar energy more accessible and affordable for Colorado homeowner...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    19 Reviews

    Solar Wave was founded with the goal of making solar energy more accessible and affordable for Colorado homeowner...
  • ARE Solar
    Denver, CO
    Established 2008
    Advanced Installer
    ARE Solar is a locally owned and operated Colorado LLC, building quality pv systems on the Front Range since 2009...
    Advanced Installer
    Screened & Verified
    5.0 /5.0
    25 Reviews

    ARE Solar is a locally owned and operated Colorado LLC, building quality pv systems on the Front Range since 2009...
  • Titan Solar Power
    Denver, CO
    Approved Installer
    For many families, solar can be a “no brainer.” Here at Titan Solar Power, we are setting the standards for the r...
    Approved Installer
    Screened & Verified
    4.0 /5.0
    72 Reviews

    For many families, solar can be a “no brainer.” Here at Titan Solar Power, we are setting the standards for the r...

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Byers, CO.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in Byers, CO. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

Why shop with EnergySage?

Save time & money

Request free quotes from vetted installers in minutes

Unbiased support

Our expert Energy Advisors will help you make the right decision

Trusted, local installers

We pre-screen and monitor all of our partners

Consumer reviews of EnergySage

Back to the top
Did you find this page helpful?
Discover whole-home electrification
Home solar
House with rooftop solar panels

Create your own clean energy with solar panels.

Community solar
Solar farm

Enjoy the benefits of solar without rooftop panels.

Heating & cooling
Heat pump

Explore heat pumps, the latest in clean heating & cooling technology.