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Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EIA retail sales, EIA-860/923, NREL PVWatts · How we got these numbers · Report an error

Solar in Colorado: payback, sun by city and utility-scale capacity

71.3net-metered home systems per 1,000 accounts in Colorado, EIA-861 2024, rank 5 of 51

Colorado pays back in 12.3 years at $3.00 a watt (rank 17 of 51), 1.2 years shorter than the middle state. 1,534 kWh per kW (rank 9) at 15.85 ¢ (rank 22 from the top): sunshine drives it. Across 5 Colorado cities, yearly output runs from 1,476 kWh per kW in Fort Collins to 1,657 in Pueblo. May is the best month at 156 kWh per kW and Dec the worst at 94. Utility-scale solar in Colorado: 3,263 MW in 181 plants, 9.9% of 2025 generation; 2,738 MW more under construction or planned.

Net metering and CO2 in Colorado

EIA-861 (2024): 182,376 home net-metered systems in Colorado, 71.3 per 1,000 accounts (rank 5), average 6.0 kW.

6 kW in Colorado: 9,202 kWh a year displaces 4.5 t CO2 at 0.492 kg per kWh, +1.5 t against the average state.

Colorado: payback 12.3 years, rank 17 of 51

Solar measures for Colorado
MeasureValueRank of 51Median state
Output of 1 kW a year, kWh1,53491,372
Home price, ¢ per kWh15.852215.37
Value of 1 kW a year$24317$222
Payback at $3.00 a watt12.3 years1713.5 years

EIA-861 (2024): 182,376 home net-metered systems in Colorado, 71.3 per 1,000 accounts (rank 5), average 6.0 kW.

Utility-scale solar in Colorado: 3,263 MW

Colorado: 3,263 MW of operable utility-scale solar in 181 plants across 35 counties (EIA-860, 2025), rank 12 of 51; 562 W per resident, rank 12. Solar made 9.9% of Colorado's net generation in 2025 (EIA-923), rank 11, +3.1 points against the national share. Biggest plants: Neptune Energy Center Hybrid in Pueblo County, 325 MW (2023); Rocky Mountain Solar in Pueblo County, 325 MW (2025); Thunder Wolf Energy Center Hybrid in Pueblo County, 248 MW (2023). By county: Pueblo 1,476 MW, Weld 303 MW, El Paso 290 MW, Las Animas 170 MW. Proposed: 567 MW under construction (23 plants) and 2,171 MW planned (16 plants); batteries 470 MW running and 1,848 MW proposed.

Utility-scale solar added in Colorado by year
Colorado yearMW addedCumulative share of today's MW
2019752%
2020825%
202138317%
202222623%
202388951%
202419057%
202588984%

Sizes and prices per watt in Colorado

Systems of 4 to 12 kW in Colorado
Colorado kWkWh a yearValue a yearCost at $2.50At $3.00At $3.50t CO2
46,134$972$10,000$12,000$14,0003.0
69,202$1,458$15,000$18,000$21,0004.5
812,269$1,945$20,000$24,000$28,0006.0
1015,336$2,431$25,000$30,000$35,0007.5
1218,403$2,917$30,000$36,000$42,0009.1
Payback in Colorado by price and retail share
Colorado $ per watt100% retail75%50%25%
$2.008.211.016.532.9
$2.5010.313.720.641.1
$3.0012.316.524.749.4
$3.5014.419.228.857.6
$4.0016.521.932.965.8

Colorado: 1,534 kWh/kW × 15.85 ¢ = 243 a year per kW; the 30% column (8.6 years at $3.00) is arithmetic only.

CSV

Sun inside Colorado: 5 cities, 11% apart

Solar output in 5 cities of Colorado
Colorado citykWh per kW a yearAgainst state pointSun, kWh/m2 a dayPayback at $3.00Residents
Denver1,602+4.5%5.7211.8713,734
Colorado Springs1,629+6.2%5.7511.6483,099
Fort Collins1,476-3.7%5.2412.8169,705
Pueblo1,657+8.0%5.9411.4111,514
Grand Junction1,603+4.5%5.7111.867,027

Colorado state point 39.59, -105.11; city points Denver 39.76, -104.88; Colorado Springs 38.87, -104.76; Fort Collins 40.55, -105.06; Pueblo 38.27, -104.61; Grand Junction 39.09, -108.57. Panel and method: solar method.

Output by month in Colorado cities: 12 rows
Colorado monthDenverColorado SpringsFort CollinsPuebloGrand Junction
Jan98.6104.796.7109.595.9
Feb114.1111.896.8110.7106.1
Mar142.6153.7136.2154.9139.4
Apr150.9155.8134.1156.5155.3
May163.9158.2147.9167.9167.9
Jun161.8153.0152.9158.2169.8
Jul162.8154.6146.0164.7160.4
Aug150.8146.8139.9153.4153.4
Sep140.7139.3133.6141.9140.8
Oct120.1136.2108.7132.1126.1
Nov104.0113.097.3106.5102.2
Dec91.7102.286.1100.485.6

Colorado: 5 cities, best month 170 and worst 86 kWh per kW across them.

CSV

Best and worst month in Colorado: May 156, Dec 94 kWh per kW

Colorado output and value by month
Colorado monthkWh per kWPrice ¢Value per kWkWh per kW per sun unit
Jan94.514.93$14.110.83
Feb113.215.08$17.070.82
Mar139.115.04$20.920.80
Apr142.815.50$22.130.78
May155.715.58$24.260.75
Jun147.616.04$23.680.73
Jul146.915.99$23.490.72
Aug137.616.37$22.530.73
Sep134.616.70$22.480.75
Oct120.316.26$19.560.78
Nov107.916.35$17.640.82
Dec93.616.12$15.090.84

Colorado: December to February give 20% of a year (rank 43 of 51, 1 = most winter); the best month is 1.7 times the worst. Output per unit of sun is highest in Dec (0.84) and lowest in Jul (0.72); PVWatts lowers cell output when the panel is hot, and the sun angle changes with the season. Our runs use one fixed 14% loss figure for every place, so snow or soiling in Colorado is not modelled separately.

Colorado utilities and solar payback

Solar payback by utility in Colorado
Colorado utilityHomesPrice ¢Value of 1 kWPayback at $3.00
Public Service Co of Colorado1,365,05315.05$23113.0 yr
City of Colorado Springs216,77114.45$22213.5 yr
CORE Electric Cooperative165,06715.04$23113.0 yr
United Power, Inc101,50215.75$24212.4 yr
Black Hills Colorado Electric, LLC89,25217.05$26111.5 yr
City of Fort Collins70,80313.21$20314.8 yr
Mountain View Elec Assn, Inc59,78915.52$23812.6 yr
Holy Cross Electric Assn, Inc49,98212.04$18516.3 yr
Poudre Valley REA, Inc49,58712.21$18716.0 yr
City of Longmont40,85512.30$18915.9 yr
La Plata Electric Assn, Inc39,93116.71$25611.7 yr
City of Loveland37,00714.40$22113.6 yr

Colorado among its neighbours

Closest states to Colorado
Closest to ColoradoPayback, yearskWh per kWPrice, ¢Utility-scale solar, points of generationMiles away
Colorado (this page)12.31,53415.859.9-
Wyoming+2.1+15-2.47-8.8229
New Mexico-1.2+250-0.77+6.0349
Utah+2.6+7-2.78+7.4368
Nebraska+4.5-94-3.51-9.2432
Simple solar payback by state at $3.00 a wattNew Mexico: 11.2 yrTexas: 12.9 yrKentucky: 16.9 yrOhio: 14.2 yrGeorgia: 14.4 yrArkansas: 17.0 yrOregon: 17.3 yrPennsylvania: 12.5 yrMissouri: 16.0 yrNorth Carolina: 15.2 yrUtah: 14.9 yrVirginia: 14.6 yrWyoming: 14.5 yrWest Virginia: 16.2 yrNew York: 8.9 yrIndiana: 13.5 yrKansas: 13.9 yrIdaho: 18.5 yrNevada: 12.6 yrIllinois: 13.0 yrVermont: 10.7 yrNew Jersey: 10.0 yrMinnesota: 14.0 yrMaryland: 11.1 yrIowa: 15.9 yrHawaii: 4.3 yrNew Hampshire: 9.7 yrRhode Island: 7.9 yrConnecticut: 8.0 yrMontana: 17.6 yrArizona: 11.2 yrNebraska: 16.9 yrWashington: 21.6 yrSouth Dakota: 16.0 yrCalifornia: 5.5 yrAlabama: 13.5 yrWisconsin: 12.5 yrMississippi: 15.6 yrColorado: 12.3 yrOklahoma: 15.3 yrTennessee: 16.4 yrLouisiana: 16.1 yrMichigan: 11.7 yrMassachusetts: 7.7 yrFlorida: 12.7 yrAlaska: 11.3 yrNorth Dakota: 19.2 yrSouth Carolina: 13.7 yrMaine: 8.5 yrDelaware: 12.7 yrDistrict of Columbia: 9.8 yr

Colorado against its neighbours in the payback ranking

  • -1 places, Alaska -1.0 years against Colorado
  • +0 places, Michigan -0.6 years against Colorado
  • Colorado, rank 17: 12.3 years
  • +2 places, Wisconsin +0.1 years against Colorado
  • +3 places, Pennsylvania +0.2 years against Colorado

Your numbers for Colorado

    Limits in Colorado

    Colorado: with the old 30% credit (IRS, ended 2025) payback would be 8.6 years instead of 12.3, so the calculator starts at 0%. No Colorado export rates in our data: output counts at 15.85 ¢. All limits.

    Sources for Colorado

    More about Colorado

    Colorado electricity hub, Colorado EV charging: 2,893 stations, where Colorado ranks for rooftop solar, 12.3 years against 51 states, Colorado calculators.

    Questions

    Net metering in Colorado?

    182,376 systems, 71.3 per 1,000 accounts, rank 5.

    Colorado sunshine for solar panels?

    1,534 kWh per kW a year at the state point, rank 9 of 51; from 1,476 in Fort Collins to 1,657 in Pueblo.

    Winter cut in Colorado solar output?

    December to February give 20% of the year; May makes 156 kWh per kW and Dec 94.

    Colorado electricity from solar, what share?

    9.9% of 2025 net generation, rank 11 of 51, +3.1 points against the nation.

    Colorado utility-scale solar capacity?

    3,263 MW in 181 plants (EIA-860), 562 W per resident, rank 12; 2,738 MW proposed.

    Where in Colorado is solar best?

    Yes: 11% between Fort Collins and Pueblo in yearly output.

    Solar payback in Colorado?

    12.3 years at $3.00 a watt; 10.3 at $2.50; 14.4 at $3.50; 1,534 kWh per kW at 15.85 ¢.

    Colorado pays half price for exports?

    Payback 24.7 years at a 50% retail share.

    CO2 displaced in Colorado?

    4.5 t a year on 6 kW at 0.492 kg per kWh.

    Federal solar credit in Colorado: still available?

    Ended 2025 (IRS 25D); with it Colorado payback would be 8.6 years, not 12.3.

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    71.3 net-metered home systems per 1,000 accounts in Colorado, EIA-861 2024, rank 5 of 51