Lock in Cheap Electricity Prices
Say goodbye to rising electricity costs when you own your power production and start saving for years to come.
Solar Panel Installation Cost & Savings
Rebates & Incentives
There are many local incentives and utility rebates now. Our team knows Colorado solar so you won’t miss a penny.
Own Your Power and Save
Just like owning a home is often a better investment than renting, solar pays you back – not the utility.
What Does Solar Cost?
When compared to the cost of your current electricity bill, solar panels can save you money every month. These savings add up over time so that solar panels often pay for themselves – sometimes twice over! When you get a free quote, our non-commissioned design specialists will provide you with numbers specific to your home.
In the meantime, let’s look at some more information about solar panel installation costs:
- Home solar panel installation costs range from $20,000 to $50,000 on average depending on how much electricity you use, your future electrification goals, and other factors.
- Access to 30% off your total system cost with the Namaste Solar Impact ESA.
- $0-down financing options make solar more accessible.
Mini Case Study: Solar Panel Installation Cost & Benefits
The following is a mini case study of one of our 2026 home solar installations. The numbers come from a 1500 square foot Denver home built in 1899 with 3 bedrooms and 2 bathrooms. This home proves that even a century-old house can embrace modern energy solutions to reduce energy costs, offset their electricity usage, and make a meaningful impact on its carbon footprint.
9.57 kW solar array
This customer’s 9.57 kW system is comprised of 22 solar panels.
$34,000 system cost
This was the total home solar installation cost for this customer in Denver, CO.
$154 saved each month
The amount this customer is estimated to save each month in the first year of having solar.
102% electricity offset
Based on past usage, we estimate the array will offset 102% of this customer’s annual electrical consumption.
$0.123 per kWh
The average cost this customer will pay for their solar electricity compared to $0.305 per kWh from the utility company.
24,900 lbs of CO2
Each year this system is estimated to reduce the home’s carbon footprint by 24,900 pounds of CO2 emissions.
Ways to Buy: Cash, Loan, ESA, or PPA
Namaste Solar Impact ESA
Our new prepaid energy services agreement (ESA) offers up to 30% off your system and provides a clear path to ownership after five years. Namaste Solar co-created this new ESA to help homeowners access commercial solar and battery tax incentives.Cash Investment or $0 Down Loan
The traditional way to get solar plus storage is to buy your system outright with cash or a loan. With this option, you own your system from day one and are insulated from rising energy prices. Namaste Solar offers $0-down loan options or homeowners can secure their own loans.Solar PPA
With a PPA, a third-party owns your system. This option provides the ability to go solar with $0 down and minimal responsibility for service and maintenance. You only pay for the electricity your system produces with a PPA.Namaste Solar’s Most Recent Google Reviews
How a Financial Planner Sees Solar
Brian, a financial planner, discusses how going solar is a smart addition to your financial plan, a stable investment, and a decision that can benefit you in the long-term. Going solar now can give you predictable savings that you can use for other things like retirement, your kid’s college fund, or that vacation you’ve always wanted to take. He also shares his experience working with Namaste Solar and how it feels to know his solar system is making a difference for the environment.
Your Neighbors are Going Solar with Battery Backup
Boulder Modern Farmhouse Ranch with Solar + Home Battery Backup
Second-Time Customer in Timnath
Historic 1900 Denver Home with Solar + Battery
Golden Mountain Cabin with Home Solar
Is Solar Right For You? Let’s Talk!
Get a customized, free solar quote from our team today. Our team is non-commissioned, so there is no pressure on you at any point. Instead, our goal is to create transparency around the solar process and make sure you feel equipped to make the right choice for you and your home.
WHAT DOES A HOME SOLAR QUOTE LOOK LIKE?
It’s time to stop wondering about solar; find out what a system of your own would look like and how much you could save! When you get a free quote from Namaste Solar, you’ll be able to see the complete solar panel installation costs outlined in detail for your home along with a customized design completed by one of our solar experts. We take a no-pressure approach and instead focus on answering your questions so you can make the right choice for you and your home.
Read more about what goes into your free solar quote and more about our no-pressure approach.
SOLAR SAVINGS & INCENTIVES
COLORADO SOLAR INCENTIVES & REBATES
Many cities and utility companies in Colorado offer incentives or rebates to help bring down the total solar panel installation cost for homeowners. Our local solar experts will make sure you are getting all the available savings for your system when we provide your free quote. Learn more about Colorado solar incentives and rebates.
UNLIMITED CASH REWARDS
When you refer someone who goes solar with Namaste Solar, we’ll send you $250 in gratitude (plus, they’ll get $250 off their new system). This is an unlimited rewards program and a great way to multiply your impact while also earning solar rewards.
Common Solar Questions
How much will I be saving off my electricity bill each month?
What incentives are available to help lower my solar energy installation cost?
What is the estimated payback period?
Why is solar panel installation cost so expensive up front?
How do I know your production estimates are honest?
Can you break down the cost of a solar panel installation for me?
When I get a quote, is that the final price?
What is the Amicus Solar Cooperative?
Looking for the answer to a different question? Check out our full FAQ page here.
SOLAR PANEL INSTALLATION COSTS vs. VALUE
It’s easy to look at solar panel installation costs, but what about the value it provides a homeowner? There are many ways to slice and dice the economic benefits of solar. One way to assess the value of solar is calculating the payback period (how long it takes for a solar install to pay for itself) by taking the overall system price and dividing it by the average projected solar savings each year. For example, if your total solar panel installation cost is $28,000 and you’re projected to save about $2,000 a year, then your payback period would be 14 years (an average payback period here in Colorado).
Another way to look at the return on your solar panel installation cost is to calculate your annual rate of return. If you have a 14-year payback period, you are getting 1/14th of your investment back each year or a 7% annual return. That’s excellent for a return on a low-risk investment option! And remember… any solar savings after those 14 years go straight into your pocket! No capital gain taxes, no delay, and low risk.
Read more about solar panels as an investment, calculating solar ROI, or looking at the value of debt and home solar. We also have a blog that shows a customer’s cash flow table and explains how solar pays for itself over time.
Get Your Free Quote
Say goodbye to rising electricity prices and power outages! Say hello to savings, renewable energy, and home resiliency!
Your free solar quote will include:
- Roof Assessment
- Customized System Design
- Savings Calculation
- No pushy sales pitch—just honest advice
In addition, our solar advisors can discuss home electrification options for your home, including EV chargers, heat pumps, electrical panel upgrades, and more.
Prefer to Call?
Call us anytime at 303.447.0300
Prefer to Call?
Call us anytime at 303.447.0300
