Solar Panels in Golden, CO: Cost, Payback & Savings

A typical 5.6 kW home solar system in Golden costs about $20,160 and pays for itself in about 12.9 years, saving roughly $24,365 over 25 years at Colorado's average electricity price of 16.7¢/kWh.

Solid long-term investmentpayback 12.9 years
System size
5.6 kW
14 × 400 W panels
Upfront cost
$20,160
at US median $3.60/W
First-year savings
$1,392
about $116/month
25-year net savings
$24,365
after paying for the system
Production
8,327 kWh/yr
103% of a typical home's use
Peak sun hours
5.3/day
1,487 kWh per kW per year

Monthly solar production in Golden

Estimated output of a 5.6 kW south-facing roof system. Jun is the strongest month (818 kWh); Dec the weakest (521 kWh).

02004006008001,000Jan: 529 kWhJanFeb: 618 kWhFebMar: 764 kWhMarApr: 744 kWhAprMay: 800 kWhMayJun: 818 kWhJunJul: 809 kWhJulAug: 752 kWhAugSep: 721 kWhSepOct: 663 kWhOctNov: 587 kWhNovDec: 521 kWhDec

Solar production (kWh) Typical home use, 674 kWh/month

Solar payback calculator for Golden

Pre-filled with Golden's sunshine and Colorado's average electricity price. Enter your own bill and an installer's price per watt to see your payback.

Leave export credit blank where the utility offers full net metering. Where exports earn less, solar used at home as it's produced is worth the full price and the rest earns the export credit.

System
Cost
Year-1 savings
Payback
25-yr net savings

How Golden compares

Net metering, tax credits and incentives in 2026

Colorado offers net metering: power you send to the grid is credited at or near the retail price, so every solar kWh is valued at 16.7¢ here.

There is no federal tax credit for buying home solar installed in 2026. The 30% Residential Clean Energy Credit (Section 25D) ended for systems placed in service after December 31, 2025, so the costs and paybacks on this page include no federal credit.

Colorado and local utilities may still offer rebates, performance payments, property-tax or sales-tax exemptions. Search the DSIRE incentives database for Colorado and ask installers which programs they apply for you.

Frequently asked questions

Is solar worth it in Golden, CO?

For a typical home, a solar system pays for itself in about 12.9 years and then keeps saving money. Over 25 years the estimated net savings are $24,365. Verdict: solid long-term investment. Your own payback depends on your roof, your bill and the quotes you get.

How many solar panels do I need in Golden, CO?

A home using 674 kWh a month (the Colorado average) needs about 14 panels of 400 W — a 5.6 kW system — to cover its annual use. Divide your own yearly kWh by 1,487 to get the kW you need.

How much do solar panels cost in Golden, CO?

At 3.60 dollars per watt, a 5.6 kW system costs about $20,160 before any state or utility incentives. There is no federal tax credit for systems installed in 2026.

How much sun does Golden get?

Golden averages 5.3 peak sun hours per day, so each kilowatt of panels produces about 1,487 kWh a year.

Does Colorado have net metering?

Yes. Power sent back to the grid is credited at or near the retail price (16.7¢ per kWh on average).

How much does electricity cost in Colorado?

Residential electricity in Colorado averages 16.7¢ per kWh, and a typical home uses 674 kWh a month (EIA).

Solar payback in nearby places

Solar guides