Cost & Savings Breakdown
Based on $150/month electric bill in Arvada
System Size
6.3 kW
Annual Production
10,069 kWh
Gross System Cost
$18,495
Federal Tax Credit (30%)
-$5,549
State Incentive
-$500
Net Cost
$12,447
Monthly Savings
$122
CO₂ Offset/yr
9,263 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityXcel Energy
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit120% of annual consumption
Electricity Rate$0.145/kWh
Peak Sun Hours5.5 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$500
Colorado State Incentive — Colorado offers sales tax exemption on solar equipment.
Common Questions
How much does solar cost in Arvada?
Solar in Arvada, Colorado costs approximately $18,495 for a 6.3 kW system. After the 30% federal tax credit, your net cost is about $12,447.
What is the solar payback period in Arvada?
The estimated payback period for solar in Arvada is 8.5 years, based on a $150/month electric bill and local sun hours of 5.5 hrs/day.
Does Xcel Energy offer net metering?
Xcel Energy offers Full Retail net metering. Full retail rate.