Colorado Solar Installations

There are over 200 solar installation companies in the state of Colorado. In the first six months of 2010 they competed for a little over 1,000 installations statewide. Solar industry professionals have been quoted as saying that “less than 20” of the companies currently installing residential solar energy systems in the state of Colorado follow best practices. In short, these are dangerous waters for unwary consumers.

Solar is an Investment
A typical integrated residential solar installation in Colorado amounts to a $25,000 investment (out of pocket costs vary but can be as little as $12,000 after incentives, rebates and tax credits). To get a very rough estimate the cost of a solar installation take the average monthly KWH times 12(months in year) and then multiply that number by $3 per kilowatt of solar module creation.

Example: If we use XCEL’s number the average Colorado home uses 650KWH per month the calculation would be: 650 x 12 x $3 = $23,400. Note: The $3 per kilowatt hour figure represents a significant drop over the past two years.

Over the life of the system the rate of return of a well planned, professionally installed solar installation is between 5 – 12% depending a variety of factors (including orientation, mounting and demographics). However, if that system is not properly installed or uses poor quality components the ROI can quickly become negative.

Why use a Solar Quote System
Residential Colorado solar investors should research solar installers to determine professional affiliations (often paid for), number of years in business, capabilities, and feedback from previous customers. After obtaining the information for 30 or so companies the potential customer could then filter out those with less than stellar credentials. But, who really has time to research thirty plus companies?

Thankfully, the research has already been done. Many solar industry professionals recognized early on that ensuring that consumers got value for their money was essential to the growth of the industry. A few of these pioneers developed a comprehensive list of fully credentialed solar installers and then placed them in a playing field where they competed only on price. This competitive bid system provides consumers with piece of mind regarding both the quality of the solar company and the price of the system.

Competitive quotes are provided free for consumers. Installers, who must first pass rigorous requirements, pay for the privilege of bidding on projects. If industry professional want to bid on the projects they must be adhere to a high level of professionalism and integrity.