Cost & Savings Breakdown
Based on $150/month electric bill in Aurora
System Size
7.3 kW
Annual Production
11,967 kWh
Gross System Cost
$21,590
Federal Tax Credit (30%)
-$6,477
State Incentive
-$500
Net Cost
$14,613
Monthly Savings
$122
CO₂ Offset/yr
11,010 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$0.122/kWh
Peak Sun Hours5.6 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 Aurora?
Solar in Aurora, Colorado costs approximately $21,590 for a 7.3 kW system. After the 30% federal tax credit, your net cost is about $14,613.
What is the solar payback period in Aurora?
The estimated payback period for solar in Aurora is 10 years, based on a $150/month electric bill and local sun hours of 5.6 hrs/day.
Does Xcel Energy offer net metering?
Xcel Energy offers Full Retail net metering. Full retail rate.