Solar Panel Savings in Broomfield, CO

Calculate how much you can save with solar panels in Broomfield, Colorado. Based on 5.9 peak sun hours/day and 11.0¢/kWh average electricity rate.

5.9

Peak Sun Hours/Day

11.0¢

Avg Rate (¢/kWh)

9.7 yr

Payback Period

$17k

25-Year Savings

Broomfield Solar Overview

Population:74,112
Sunny Days/Year:246
Avg Temperature:50°F
Solar Penetration:4%
Utility Company:Xcel Energy
Net Metering:Available

Calculate Your Broomfield Solar Savings

3 kW15 kW

Broomfield average: $99/mo

South-facing roofs produce the most energy

Add $8,000-$12,000 for whole-home battery backup

Annual Production

10,337

kWh/year

Annual Savings

$1,138

per year

Net System Cost

$10,794

after 30% ITC

Payback Period

9.5 yr

break-even time

25-Year Total Savings

$38,872

Monthly Savings

$95

Federal Tax Credit

$4,626

Cumulative Savings vs System Cost

$0k$10k$20k$31k$41kYr 0Yr 5Yr 10Yr 15Yr 20Yr 25System CostBreak-even
Cumulative Savings System Cost

Cost Breakdown

ItemBroomfieldNational Avg
Gross System Cost (6kW)$15,420$17,100
Federal Tax Credit (30%)-$4,626-$5,130
Net System Cost$10,794$11,970
Cost Per Watt$2.57/W$2.85/W

Solar Potential in Broomfield

Sun Hours vs National Average

5.9 hrs
4.5 hrs

Broomfield gets 31% more sun than the national average.

Climate Advantages

  • 246 sunny days per year
  • Average temperature: 50°F — cooler temps actually improve panel efficiency
  • Average roof size: 1,766 sq ft — enough for a 98-panel system

Broomfield Solar Incentives & Programs

Federal Investment Tax Credit (ITC)

30% of total system cost deducted from federal taxes. For a $15,420 system, that's a $4,626 credit. Valid through 2032.

Colorado State Incentives

Xcel Energy solar rebates; state sales tax exemption.

Net Metering — Xcel Energy

Xcel Energy offers net metering in Broomfield. Earn credits for excess solar energy sent to the grid, reducing your electric bill further.

Environmental Impact in Broomfield

4.3

Tons CO2 Offset/Year

71

Equivalent Trees Planted

1.0

Homes Worth of Energy

Based on 10,337 kWh annual production with a 6kW system. EPA average: 0.417 metric tons CO2 per MWh, 10,632 kWh per US home.

Solar Energy in Broomfield, Colorado

Broomfield, Colorado receives an average of 5.9 peak sun hours per day, placing it among the best cities in the country for solar energy production. With electricity rates averaging 11.0¢ per kWh from Xcel Energy, below the national average, but with rates rising 2-3% annually, the long-term savings are still meaningful.

A typical 6kW solar system in Broomfield produces approximately 10,337 kWh per year, saving homeowners an estimated $1,138 annually. The system pays for itself in about 9.5 years, after which you enjoy essentially free electricity for the remaining 16+ years of the system's warranty life.

Broomfield has a solar penetration rate of 4% — indicating early-stage solar adoption with tremendous growth potential as prices continue to fall. The cost of living index of 98.2 (national average: 100) is near the national average.

Other Cities in Colorado

Frequently Asked Questions

How much do solar panels cost in Broomfield, CO?

The average cost of a 6kW solar panel system in Broomfield is approximately $15,420 before incentives ($2.57/watt). After the 30% federal Investment Tax Credit, the net cost is about $10,794. Xcel Energy solar rebates; state sales tax exemption.

How many peak sun hours does Broomfield get?

Broomfield, CO receives an average of 5.9 peak sun hours per day and approximately 246 sunny days per year. This is above the national average of 4.5 hours, making it an excellent location for solar energy.

What is the solar payback period in Broomfield?

The average solar payback period in Broomfield is approximately 9.7 years. After payback, your solar panels generate essentially free electricity for the remaining 15-20 years of their warranty. Over 25 years, total savings can reach $16,956.

Does Broomfield have net metering?

Yes, Broomfield has access to net metering through Xcel Energy. This allows you to earn credits for excess solar energy sent to the grid, significantly improving your solar investment returns.

Is solar worth it in Broomfield, CO?

Absolutely. With a 9.7-year payback period and $16,956 in 25-year savings, solar is an excellent investment in Broomfield. The 30% federal tax credit and local incentives help make solar financially attractive.

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