Colorado / Monument

Is solar worth it in Monument?

CORE Electric Cooperative averages 15.0¢/kWh. With 5.3 peak sun hours a day, a typical 6.6 kW system makes ~10,283 kWh a year and saves about $1,546 in year one.

10.2years to pay off
Electric rate15.0¢per kWh
Peak sun5.3hrs/day
System6.6 kW≈$18,150
25-yr net$38,229after cost

No federal tax credit is included. The 30% homeowner credit (IRS §25D) ended for systems installed after Dec 31, 2025. What changed in 2026 →

How Monument compares

That is about the same as the Colorado average of 10.0 years, mainly because Monument's rate is below the state average of 15.3¢/kWh. Your own payback depends on your bill: enter your ZIP and monthly bill above for your number.

Nearby cityRatePayback25-yr net
Colorado Springs14.4¢10.6 yrs$36,017
Castle Rock15.0¢10.2 yrs$38,229
Castle Pines15.1¢10.2 yrs$38,266
Fountain14.4¢10.6 yrs$36,017
Parker15.1¢10.2 yrs$38,266
Lone Tree15.1¢10.2 yrs$38,266
Centennial15.1¢10.2 yrs$38,266
Littleton15.1¢10.2 yrs$38,266

Questions

How long does solar take to pay off in Monument, CO?

About 10.2 years for a typical 6.6 kW system at 15.0 cents/kWh, assuming $2.75/W installed, full net metering and 3% yearly rate increases, with no federal tax credit.

Is solar worth it in Monument?

Often, if you plan to stay long-term. Our estimate is $1,546 saved in year one and $38,229 net over 25 years after paying for the system.

How much does a solar system cost in Monument?

A 6.6 kW system sized for an average home (863 kWh/month) is about $18,150 before any local rebates, at $2.75 per watt. Real quotes vary by roof and installer.

Is there a federal solar tax credit in 2026?

Not for homeowners who buy their system. The 30% Residential Clean Energy Credit (IRS section 25D) does not apply to installations completed after December 31, 2025. State rebates, SRECs and utility incentives may still apply.

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