Best 5 Solar Companies in Parker, CO

How To Choose the Best Solar Company in Parker

The more thorough your company research is, the better your solar installation will ultimately perform. Here are some essential aspects to consider while searching for a solar provider.

Licensing and Training

While electricians and plumbers in Colorado have state-issued licenses from the Colorado Electrical Board or Colorado State Plumbing Board, the state's unique home-rule structure means counties and cities can issue their own solar professional if they choose. Check a company's website for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar industry's most credible trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Parker

Your solar modules' style will affect how much electricity you can generate. Monocrystalline panels are among the highest quality and perform the best but cost the most. Polycrystalline panels offer you a budget panel with a traditional design, but at the cost of less power generation. Thin-film panels are excellent for non-traditional roof shapes and cost the least, but don't work well for large residential installations.

You can also add battery backups and electric vehicle (EV) chargers. These will increase your total installation cost, but they can increase your solar system's efficiency. Not all solar contractors include these add-ons, so look for a contractor that installs them if it's a priority for you.

A majority of Parker homeowners opt for solar systems designed for five kilowatts (kW) of electrical capacity. These systems cost about $19,900 to set up, considering both materials and labor. You can find more specific solar cost information in the table.

Financing Solar Energy in Parker

Choosing the correct financing option will influence your overall solar system cost and potential savings. Common payment options include leases, power purchase agreements, cash payments, and loans. We suggest making a cash payment or securing a solar loan for the highest return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also own your system and can apply for solar panel incentives to cut your total costs. Solar loans are another solid option if you don’t want to make a big initial investment. You can pay for your system in monthly installments while still enjoying energy bill savings and solar incentives. However, you’ll spend more in total due to accruing interest. Solar leases allow you to pay a monthly fee to rent your panels, while a power purchase agreement lets you pay a fluctuating rate based on only the energy you use. We generally advise against these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be appropriate in specific circumstances. Look for companies 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 Parker.

You are eligible for a 26% federal solar tax credit for new solar energy devices until the year 2032. City and state officials and utility companies might also offer discounts, rebates, and specialized financing options that could save you more.