Is Solar Worth It in Lakewood, CO? (2026 Analysis)
Detailed solar ROI analysis for Lakewood, Colorado. With 5.5 peak sun hours and electricity at $0.13/kWh, here is what you can expect from going solar.
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20-Year Solar Savings Projection for Lakewood
This projection is based on a 7.5 kW system with 5.5 peak sun hours and $0.13/kWh electricity rate.
| Period | Cumulative Savings | Net Position | Status |
|---|---|---|---|
| Year 1 | $1,957 | $-6,193 | Paying off |
| Year 2 | $3,914 | $-4,236 | Paying off |
| Year 3 | $5,871 | $-2,279 | Paying off |
| Year 4 | $7,828 | $-322 | Paying off |
| Year 5 | $9,785 | $1,635 | Profitable |
| Year 7 | $13,699 | $5,549 | Profitable |
| Year 9 | $17,613 | $9,463 | Profitable |
| Year 11 | $21,527 | $13,377 | Profitable |
| Year 16 | $31,312 | $23,162 | Profitable |
| Year 20 | $39,140 | $30,990 | Profitable |
Estimates assume stable electricity rates. Actual savings may increase as rates rise.
Explore Solar Financing for Lakewood
$0 down options available. Own your system and claim the 30% federal tax credit. Save up to $1,957/year.
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Solar Investment Breakdown for Lakewood
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Local Solar Incentives in Lakewood
Local Programs: Federal ITC plus applicable state and local incentives
Electricity Trend: Rates in Lakewood are currently increasing. Solar locks in your energy costs and provides a hedge against future rate increases.
State Incentives: Colorado offers a $2,000 rebate, net metering (full). See all Colorado incentives.
Financing Options for Lakewood Homeowners
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Best Solar Providers in Lakewood
| Provider | Type | Highlight | Rating | Action |
|---|---|---|---|---|
| EnergySage | Marketplace | Compare Lakewood installers | 4.8/5 | Get Quotes |
| Sunrun | Installer | $0 down solar in CO | 4.5/5 | View Plans |
| SunPower | Premium | Highest efficiency panels | 4.6/5 | Get Quote |
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Frequently Asked Questions
Your Local Utilities in Colorado
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