Best 5 Solar Companies in Broomfield, CO

How To Choose the Best Solar Company in Broomfield

The purchase price and performance of solar panels often rely on which company installed them. Make your choice based on the following important considerations.

Licensing and Training

While electricians and plumbers in Colorado have state-issued licenses from the Colorado Electrical Board or Colorado State Plumbing Board, it's up to counties and cities to issue their own solar professional if they choose. Solar companies can also earn accreditations from standards organizations and trade groups. The most respected ones in the industry come from the NABCEP. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.

Cost of Solar Panels in Broomfield

Your solar modules' model will affect how much power you can produce. Monocrystalline panels are among the highest quality and cost the most but perform the best. Polycrystalline panels offer you a budget panel with a traditional design, but at the cost of less power generation. Thin-film panels have a low cost and are excellent for non-traditional roofs, but aren't recommended for large home installations.

You can also add electric vehicle (EV) chargers and battery backup systems. These will increase your total installation cost, but they can enhance your solar system's efficiency. Not every solar provider provides these add-ons, so look for a contractor that installs them if it's crucial for you.

You can plan to spend about $19,900 on average for a five-kilowatt solar energy system in Broomfield. Use the table in this section to get an idea of what amount Broomfield solar companies might quote for your specific solar system's price.

Financing Solar Energy in Broomfield

Solar companies use multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are solar leases, power purchase agreements (PPAs), solar loans and cash payments. Most solar experts recommend paying cash or using a solar loan. Cash payments demand a large up-front sum, but they help you avoid paying interest, grant you system ownership, and qualify you for cost-saving solar incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Much like a car or home loan, you'll pay a set monthly rate with as little as $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) enables you to pay a monthly rate determined by the energy you use, akin to an electric bill. We usually don’t recommend these two choices because you won't own the panels and are disqualified from using solar incentives. Look for installers that offer several payment plans to find the right fit for your budget.

The table below lists the average payback periods for different capacities of solar systems in Broomfield.

You are eligible for a 26% federal solar tax credit for new solar energy equipment until the year 2032. Local and state governments and utility companies might also offer discounts, rebates, and dedicated financing plans that could save you more.